531 N HWY 101DepoeBay, OR97341

$500,000
$118,704 annual income
11240 sq. ft
SqFt0Kto2999
Zoning: C-1
1024 days on market

VestorFilter™

Price per ft²$44.48/ft²
Recent price drop$1,500,000
Time on market1024 days

Property Description

Fantastic opportunity for investors, owner-users. Large Office-Retail building on ocean side of Hwy 101 in Depoe Bay, a heavily traveled, popular Oregon coastal tourist destination w/ocean views. Drive-bys welcome; do not disturb tenants. Building-only for sale; does not include land. Land available on land lease executed simultaneously at time of building sale.

{{ compliance-logo }}Listing Provided By Zenith Realty, LLC

Financial Data

Price ChangeDropped $1,500,000 on 03/05/2024
Total $1,300,000 drop
Original Price$1,800,000
Current Price$500,000
Property Taxes$8,259

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Home Facts

StatusActive
Year Built1978
Stories2
MLS ID21494664