3570 N HIGHWAY 101DepoeBay, OR97341

$499,000
3 bedrooms
3 bathrooms
1698 sq. ft
0.16 acres
SqFt7000to9999
Elementary School: Oceanlake
Middle School: Taft
High School: Taft
Zoning: C-T
129 days on market

VestorFilter™

Price per ft²$293.88/ft²
Recent price drop$26,000
Price per acre$3.12M/ac
Price per bedroom$166.3K/bed
Time on market129 days

Property Description

Fantastic income property. Zoned for just about anything you can want it for. One unit has recently been fully remodeled, the other two were partially updated in 2018. Comes with a big billboard with Northern and Southern Hwy 101 exposure for additional income. If buildings are used to house a business' this is a great asset. This is the first time units have been vacant in years and are only being kept that way to make it easier to show and sell. Great spot halfway between Newport and Lincoln City. Zoned Commercial tourist so the sky is the limit. Seller is a license broker in the State of Oregon.

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Financial Data

Price ChangeDropped $26,000 on 05/02/2024
Total $76,000 drop
Original Price$575,000
Current Price$499,000
Property Taxes$2,666

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Home Facts

StatusActive
Year Built1930
Stories1
Interior Features
Exterior Features
MLS ID23614902