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West Devils Lake Road 2 Properties Offered at $1,200,000 in Lincoln City, OR

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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
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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  • Listing ID: 35175586

  • Date on Market: 3/18/2025

  • Last Updated:

  • Address: West Devils Lake Road, Lincoln City, OR

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