$650,000
$799,000
18.6%For more information regarding the value of a property, please contact us for a free consultation.
272 S Hwy 101 Depoe Bay, OR 97341
3 Beds
4 Baths
5,220 SqFt
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,220 sqft
Price per Sqft $124
MLS Listing ID 24-2212
Sold Date 04/24/25
Bedrooms 3
HOA Y/N No
Originating Board Lincoln County Board of REALTORS® MLS (OR)
Year Built 1945
Annual Tax Amount $4,312
Tax Year 2024
Lot Size 4,356 Sqft
Acres 4356.0
Lot Dimensions 90x56
Property Sub-Type Commercial
Property Description
A unique and versatile commercial property in the heart of Depoe Bay. This building features a recently renovated upstairs apartment area and a spacious downstairs area previously set up as a restaurant.
The upstairs apartment offers three bedrooms, two bathrooms, a laundry room, a living room with a gas fireplace, and a full kitchen. From the upstairs apartment, you can enjoy ocean views, making this space perfect for comfortable living or potential rental income. The downstairs commercial space, formerly a restaurant, boasts an open floor plan, two bathrooms, four walk-in coolers, a large commercial cooking hood, two hot water heaters, and a display refrigerator. With harbor views from the first floor, this space is ideal for new commercial ventures. Buyer to check with Depoe Bay Planning Department for approved uses. This property is perfect for entrepreneurs and investors looking for a prime location with excellent potential. Call to schedule your showing today! All sales agreements must use the attached Limited waiver of Sovereign Immunity. Portion of the building was originally built in 1928.
Location
State OR
County Lincoln
Area Depoe Bay/Otter Rock
Zoning C-1 Commercial
Direction Property located on the east side of Highway 101 at the south end of Depoe Bay.
Interior
Heating Forced Air
Flooring Carpet, Vinyl
Fireplaces Type Gas
Furnishings Furnished
Fireplace Yes
Exterior
Utilities Available Natural Gas Available
Waterfront Description Highway
View Ocean
Roof Type Flat
Garage No
Building
Foundation Concrete Perimeter
Water City
Others
Tax ID 091108BA-6300-00
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