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$500,000

  • For Sale
  • Active
  • Office
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Fantastic opportunity for investors, owner-users. Large Office-Retail building on ocean side of Hwy 101 in Depoe Bay, a heavily traveled, popular Oregon coastal tourist destination w/ocean views. Drive-bys welcome; do not disturb tenants. Building-only for sale; does not include land. Land available on land lease executed simultaneously at time of building sale. Lease-Option available for entire property.

Full Property Details for 531 N Hwy 101

General

  • Price: $500,000
  • Taxes: $8,259 (2023)
  • Status: Active
  • Type: Office
  • Source: RWMLS
  • MLS ID: 21494664
  • Updated: 12/19/2024
  • Added to Site: 1, 437 day(s) ago

Business

  • Name: Pacific Professional Plaza LLC

Parking

  • Parking Features: On Site

Location

  • County: Lincoln
  • Driving Directions: N or S on Hwy 101 to Depoe Bay; on W side of highway

Community

  • Community Name: 200 - Lincoln County

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Ductless, Forced Air
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • # Buildings: 1
  • Property Detached: Yes
  • Construction: Cement Siding, Frame, Vinyl Siding
  • Roof: Built-Up, Flat
  • Stories/Levels: 2
  • Square Feet: 11,240
  • Current Bldg. Use: Medical/Dental, Office, Retail
  • Year Built: 1978
  • Property Condition: Existing

Lot Features

  • Lot Size: 0K to 2, 999 SqFt
  • Frontage: Paved

Financial Considerations

  • Operating Expenses: $9,686
  • Tax Amount: $8,259.12
  • Tax Year: 2023
  • Terms: Call Listing Agent, Cash, Contract, Conventional, Lease Option

Disclosures and Reports

  • Legal Description: LOCATED ON SUNDOWNE ADDN. TO DEPOE BAY, BLOCK 12, LOT 2-5 & 10-13, PARTIALLY
  • Property ID: R177264

Listed by Zenith Realty, LLC (971) 273-7938, Priscilla Beggs (503) 580-2941

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Listing agent

— 531 N Hwy 101 —

  • Priscilla Beggs

    Zenith Realty, LLC

    971-273-7938

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 531 N Hwy 101

School District:Lincoln County School District
RatingNameGradesDistance
5
Taft Elementary School
4040 Se High School Dr, Lincoln City, OR 97367
K-68.4 mi
NR
Oceanlake Elementary School
2420 Ne 22nd St, Lincoln City, OR 97367
K-611.6 mi
2
Taft High School
3780 Se Spy Glass Ridge Dr, Lincoln City, OR 97367
7-128.6 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 531 N Hwy 101 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/05/2024
Price Reduced
$500,000
-75%
MLS
7/07/2021
Listed
$2,000,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Zenith Realty, LLC (971) 273-7938, Priscilla Beggs (503) 580-2941

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Price Reduced near 531 N Hwy 101

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2123 NW Jetty Ave, Lincoln City, OR 97367 - Photo 1 Price Reduced
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2123 NW Jetty Ave  Lincoln City, OR 97367

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2123 NW Jetty Ave, Lincoln City, OR 97367 - Photo 1 Price Reduced
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737 S Schooner Creek Rd  Lincoln City, OR 97367

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3117 NW Neptune Ave, Lincoln City, OR 97367 - Photo 1 Price Reduced
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Recent Sales near 531 N Hwy 101

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160 SE Bayview Av, Depoe Bay, OR 97341 - Photo 1 Sold
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160 SE Bayview Av  Depoe Bay, OR 97341

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Listed by Coldwell Banker Professional, Hannah Katz
Sold by Non Rmls Broker, OR and WA Non Rmls

531 N Hwy 101, Depoe Bay, OR 97341 (MLS# 21494664) is a Office property. 531 N Hwy 101 is currently listed for $500,000 and was received on July 07, 2021. Want to learn more about 531 N Hwy 101? Do you have questions about finding other Office real estate for sale in Depoe Bay? You can browse all Depoe Bay real estate or contact a Coldwell Banker agent to request more information.

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