For Sale
$1,750,000

112 Highway 101Depoe Bay, OR 97341

Live/work/play coastal gem. Rare opportunity!

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Depoe Bay property, located at 112 & 114 N Hwy 101, presents a unique investment opportunity. Boasting 3,324 square feet on a 4,356 square foot lot, this mixed-use building combines commercial and residential space. The ground floor currently houses a coffee/gift shop with Highway 101 frontage, offering high visibility in this popular tourist destination known for whale watching and its small harbor. Upstairs, a stunning residence features breathtaking ocean views from nearly every room, including a living room with a gas fireplace and wall of windows, a gourmet gas kitchen, and two en-suite bedrooms, each with its own sitting area. An attic/bonus room provides additional space. A 616-square-foot ocean-view studio apartment, currently under construction on the first floor, adds to the rental potential. The property includes four off-street parking spaces and a one-car garage accessible from the second-floor residence. Built in 1986, this property offers numerous possibilities, from continuing the existing retail business to exploring other commercial ventures or maximizing short-term rental income. All furnishings are negotiable. The asking price is $1,750,000. Potential buyers should verify permitted commercial uses and short-term rental regulations with the city.

Property Details for 112 Highway 101

Property type
Retail properties, Land
Square Feet
3,324 SF
Year Built
1986

Location Insight

City
Depoe Bay
County
Lincoln
State
Oregon
Latitude
44.8102108
Longitude
-124.0617423
112 Highway 101, Depoe Bay, Oregon

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112 Highway 101
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