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INVESTMENT HIGHLIGHTS
- Near highway 101, Marina, Commercially zoned
EXECUTIVE SUMMARY
194 feet of lake frontage! Located on the North end of Devils Lake in Lincoln City, this property features approx. The property is Commercially Zoned, Recreational Commercial (RC) with many uses for this property including hotels, condos, restaurants , mixed-used development, boat moorage, boat rental business, and outright use for a vacation rentals. The previous use was a boat marina and rentals. Subject to a submerged land lease for docks of 99 years and the Devils Lake Water Improvement District to lease an office space and mooring for a boat. Being sold as a package sale, or individually as tax lot 2900 for $600,000 or tax lot 2605 for $700,000. Any sale must close concurrently with the other parcel. The home on the property is not habitable and is being sold in its as-is and present condition, and the seller will not make repairs. Also, cross-listed as MLS 24-2498 and MLS 24-2499.
PROPERTY FACTS
| Price | $1,200,000 | Number of Properties | 2 |
| Price / SF | $450.28 / SF | Individually For Sale | 2 |
| Sale Type | Investment | Total Building Size | 2,665 SF |
| Status | Active | Total Land Area | 0.66 AC |
| Price | $1,200,000 |
| Price / SF | $450.28 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 2,665 SF |
| Total Land Area | 0.66 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 4040 NE West Devils Lake Rd, Lincoln City, OR 97367 | Land | 0.21 AC | - | $700,000 |
| 4006 NE West Devils Lake Rd, Lincoln City, OR 97367 | Retail | 2,665 SF | 1932 | $600,000 |
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West Devils Lake Road
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