272 Highway 101Depoe Bay, OR 97341

Property Details for 272 Highway 101

Year built

1945

Construction

WOOD

Lot size

0.06 AC

Property size (Sq ft)

3,952 SF

Zone code

C-1;COMMERCIAL

Property type

Turn key restaurants

APN

09-11-08-BA-06300-00

APU

091108BA0630000

Description

This unique Depoe Bay property at 272 S Hwy 101 offers a compelling investment opportunity, combining commercial and residential spaces. The 5,220 square foot building sits on a 4,356 square foot lot and presents a blend of established and adaptable areas. Upstairs, a recently renovated three-bedroom, two-bathroom apartment boasts ocean views, a gas fireplace, full kitchen, and laundry room – perfect for owner occupancy or rental income. Downstairs, the expansive former restaurant space features an open floor plan, two bathrooms, four walk-in coolers, a large commercial cooking hood, two hot water heaters, and a display refrigerator. Harbor views from this level make it ideal for a variety of commercial ventures. A portion of the building dates back to 1928, with renovations completed in 1945. Potential buyers are advised to verify permitted uses with the Depoe Bay Planning Department. The asking price is $799,000. All sales agreements are subject to a Limited waiver of Sovereign Immunity. This property is situated in the heart of Depoe Bay, Oregon (zip code 97341), offering exceptional potential for both entrepreneurs and investors seeking a prime coastal location.

Location Insight

City

Depoe Bay

County

Lincoln

State

Oregon

Latitude

44.8083

Longitude

-124.061

CBSA code

35440

CBSA name

NEWPORT, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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