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Full details for 4 Bedroom Single Family Residence For Sale in Lincoln City, Oregon

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Description

Investment opportunity awaits you! Seller-Carried Finance Option Available. This property features a 4 bedroom, 2 bathroom home zoned to allow short-term rentals in the process of being completely remodeled. Meredith Lodging projected Gross Annual Revenue $45,000 - $65,000 for short-term rentals. Also includes commercial real estate that is currently setup a for bar and grill that has been completely remodeled. Only the real estate is for sale, business is tenant owned. Real estate is currently leased with a five year triple net lease. Lease amount is $44,400 per year with a 3% increase per year. The commercial building is located at 1330 NE Hwy 101 in Lincoln City. The residential home is located at 1333 NE Keel Ave in Lincoln City. Property is sold ''AS-IS'' condition. Back to listing