Located in North Lincoln City's pedestrian center this commercial building with an estimated 7% cap rate has watched the town grow up around it! Surrounded by a variety of small shops, and restaurants - and located just a few blocks up from beach access on NW 15th St. - it offers 4,177 sqft. of dividable retail space with power upgrade, plus a newly renovated 2 bedroom apartment. Situated on a street corner it has outstanding visibility and is flanked by on-street parking as well as public parking with vehicle charging stations adjacent to the property. Retail locations in a tourist driven town just don't' get much better than this one. An antique mall for many years, the building is currently leased 2 years with 3 year option. Don't miss out on this outstanding investment opportunity!
Updated: 29th May, 2023 9:15 PM (UTC)
Listing Agent: Scott M. Arehart
Listing Office: Coldwell Banker Professional Group - Lincoln City