NW 40th Street 3.06 Acres of Commercial Land Offered at $1,289,000 in Lincoln City, OR 97367

3.06-acre ocean view parcel located in northwest Lincoln City, one block off the beach and adjacent to Chinook Winds Casino, conveniently next to shopping, dining, and public beach access. The Seller has completed a professional wetlands delineation, which identified less wetland area than previously assumed, providing improved clarity for future planning and development. Potential development constrains remain and any development will be subject to applicable regulations and local government approvals. Interested parties are encouraged to review the delineation and conduct their own due diligence. The property is zoned RC (Recreational Commercial), allowing for a variety of potential uses including, but not limited to, motel or hotel accommodations, bed and breakfast uses, multi-family development, and other compatible commercial or residential concepts, subject to City of Lincoln City review. Buyers should verify all permitted uses, density, and development feasibility with the City of Lincoln City and their professional consultants.