1461 NW 17th Street new

Lincoln City,OR 97367

$ 1750000

2 Beds

1 Bath

648 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 648 sqft

Price per Sqft $2,700

Subdivision Devils Lake Park

MLS Listing ID 25-1407

Bedrooms 2

Year Built 1943

Annual Tax Amount $8,709

Tax Year 2024

Lot Size 0.910 Acres

Property Sub-Type Commercial

Property Description

INCREDIBLE INVESTMENT OPPORTUNITY in the heart of the Oceanlake district in NW Lincoln City Oregon. This mobile home park with 21 units (400/month) and 1 single family home (1,200/mo) with excellent long-term rental history. Almost an acre lot (0.91 acre) of favorable commercial mixed-use zoning of OP-IM. Less then 2 blocks to beach access!! Nearby coffee shop, restaurants, theater, and shopping. Adjacent property (house on 0.11 acre lot) may be purchased also. All mobile homes/RVs are tenant-owned and serviced by public utilities. 2bed/1 bath home has all new electrical. DO NOT DISTURB TENANTS.

Location

State OR

County Lincoln

Area Lincoln City

Zoning I-M Interior Mixed Use (Oceanlake)

Exterior

Utilities Available Natural Gas Available

Waterfront Description None

View None

Roof Type Composition

Building

Foundation Concrete Perimeter

Water City

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