This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$1,500,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Great Commercial Opportunity in a fantastic location of Lincoln City! Over 15,000 square feet of commercial space, 150 feet of Highway 101 frontage, PLUS additional 1 acre lot for extra parking or development. New Roof & gutters with 20 year warranty! 6,500 rental income is on a triple net lease (Tenant pays property taxes, Insurance and Utilities). Additional cottage rents for 850/month. Both parcels are zoned GC with permitted uses including: Retail, restaurant, motels and resorts, offices, mixed use development, and more (see list in Documents.) Buyer to verify future uses with Lincoln City Planning. Property is being sold in 'As Is' condition. Please do not disturb tenants or their employees, showings by appointment. Property is within the federally designated Opportunity Zone!
Full Property Details
Full Property Details for 3128 NE Hwy 101
General
- Sold For: $1,500,000
- Taxes: $19,475 (2024)
- Status: Sold
- Type: Retail
- Source: RWMLS
- MLS ID: 263446366
- Added to Site: 263 day(s) ago
Parking
- Total Spaces: 42
- Parking Features: On Site
Location
- County: Lincoln
- Driving Directions: Property is located on corner of Hwy 101 & NE Holmes Rd. Vacant Lot across street from Bldg
Community
- Community Name: 200 - Lincoln County
Heating & Cooling
- Heating Type: Floor Furnace
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- # Buildings: 2
- Property Detached: Yes
- Construction: Other
- Roof: Membrane
- Square Feet: 15,074
- Current Bldg. Use: Retail
- Year Built: 1975
- Property Condition: Existing
Lot Features
- Lot Size (Acres): 0.81
- Lot Size (Sq. Ft.): 35,283
- Lot Size: 1 to 2.99 Acres
- Lot Dimensions: Irreg.(Plat in Docs)
- Frontage: Paved
Financial Considerations
- Tax Amount: $19,475.95
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Leases, Plot - Plat Map
- Property ID: R306470
Listed and Sold by Taylor & Taylor Realty Co. (541) 994-9111, Amy Graham (541) 992-1050
Get Pre-Approved Today
Schools
Schools serving 3128 NE Hwy 101
School District:Lincoln County School District
| Name | Grades | Distance |
|---|---|---|
Oceanlake Elementary School 2420 Northeast 22nd Street, Lincoln City, OR 97367 | K-2 | 0.5 mi |
Taft Elementary School 4040 Southeast High School Drive, Lincoln City, OR 97367 | 3-6 | 3.7 mi |
Taft High School 3780 Southeast Spy Glass Ridge Drive, Lincoln City, OR 97367 | 7-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3128 NE Hwy 101
Date
Details
Price
Change
Source
1/30/2026
Sold
$1,500,000
-3.23%
MLS
5/27/2025
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3128 NE Hwy 101, Lincoln City, OR 97367 (MLS# 263446366) is a Retail property that was sold at $1,500,000 on January 30, 2026. Want to learn more about 3128 NE Hwy 101? Do you have questions about finding other Retail real estate for sale in Lincoln City? You can browse all Lincoln City real estate or contact a Coldwell Banker agent to request more information.

