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531 N HWY 101 Depoe Bay, OR $ 500,000
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$ 500,000 Get more info
531 N HWY 101
$ 500,000
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531 N HWY 101

Depoe Bay, OR, 97341
$ 500,000
Baths0.0 Sq 11,240

Monthly Estimate*

$ 3,323

531 N HWY 101, Depoe Bay, OR 97341 - Image 1
Studio

Commercial Property for sale in Depoe Bay, OR

for $500,000. This 11,240 square foot building was built in 1978.

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.

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Commercial Active

Price

$ 500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,259

Style

Office

Year Built

1978

Town/City

Depoe Bay

County/Region

Lincoln

MLS | Web ID

21494664
Features
General
Sewer PublicSewer
Heating Ductless ForcedAir
Cooling Other
Roof BuiltUp Flat
Zoning C-1
Construction Materials CementSiding Frame VinylSiding
Year Built 1978
Sale Includes Building
Stories 2
Property SubType Office
Tax Year 2023
Current Use MedicalDental Office Retail
Gross Income 118704.0
Business Name Pacific Professional Plaza LLC
County Lincoln
Operating Expense 51550.0
Property Type CommercialSale
Status Active
Directions N or S on Hwy 101 to Depoe Bay; on W side of highway
City DepoeBay
MLS Area _200
Lot Size Square Feet 0
Street Name HWY 101
Listing Terms CallListingAgent Cash Contract Conventional LeaseOption
Tax Annual Amount 8259.12
Property Condition Existing
Days on Market 1058
Standard Status Active
Legal Description LOCATED ON SUNDOWNE ADDN. TO DEPOE BAY BLOCK 12 LOT 2-5 & 10-13 PARTIALLY
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Exterior
Parking Features OnSite
Water Source PublicWater
Number of Buildings 1
Building Area Total 11240.0
Lot Size Acres 0
Road Surface Type Paved
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Internal Only
Street Number 1 531
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* Excluded Features
List By
Zenith Realty, Llc

Broker

info@zenithrealtyoregon.com

Email

Affordability Calculator

$4,011
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,323
Monthly Property Taxes
$688
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2024$500,000 -75.00% Price Down
6/16/2023$2,000,000 Listed Price

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531 N HWY 101, Depoe Bay, OR, 97341 is a Commercial Property for sale at $500,000 with 11,240 sqft. 531 N HWY 101 is a studio with 0.0 baths and was built in 1978. The property's zip code is 97341 which is in Depoe Bay, OR

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