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97367
1/33
3138 SE HWY 101
For Sale
$575,000
3138 SE HWY 101 
Lincoln City, OR 97367
2/33
3138 SE HWY 101
3/33
3138 SE HWY 101
4/33
3138 SE HWY 101
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Listing courtesy of ERA Freeman & Associates

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3138 SE HWY 101

$575,000
Lincoln City, OR 97367
For Sale On ZeroDown for 5 months

Highlights

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How did my neighbors vote in 2020?
This home is in a precinct that voted for Joe Biden in 2020, who took 55% of the 1485 votes cast.
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What's a good restaurant near here?
This house is right near Nelscott Breakfast House, one of the best breakfast and brunch places around.
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Is the internet fast here?
Broadband internet connection options in 97367 include Cable Modem-DOCSIS1,1.1, and 2.0, ADSL, VDSL, satellite, DOCSIS, Symmetrical xDSL, Asymmetrical xDSL, and fiber from 11 different providers. Aside from optic fiber which provides Gbps speeds, you can get speeds of up to 1000 Mbps via DOCSIS from Wave.
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Is there access to EV charging?
There are 6 electric vehicle charging locations in 97367 with a total of 2 level 1, 9 level 2, and 9 DC fast chargers.
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Who would be my member of congress?
This house is in Oregon's 5th Congressional District which is represented by Kurt Schrader (D).
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Education levels?
90.0% of adults in 97367 have completed high school, which is 0.2% higher than the national average.
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What else is for sale here?
The total number of homes for sale in 97367 is 29, which is 33% lower than it was at the same time a year ago.
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Are there many restaurants nearby?
You can get takeout tacos from El Dorado Mexican Restaurant or Mazatlan Mexican Family Restaurant or burgers from Nelscott Cafe or 60's Café in 97367. If you'd rather sit down, check out Shannon’s Pub, New Mexico Restaurant and Bar, or Pacific Grind Cafe.
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Where's the nearest childcare?
There are options for childcare for young familes in 97367, including Lincoln City Headstart and Samaritan Early Learning Center. Proximity to urgent care centers such as Samaritan Coastal Clinic and Urgent Care: Adventist Health Tillamook is also a plus.
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How often do homes sell?
16 homes were sold in 97367 this month, which is 14% higher than last month and 41% lower than last year.
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Is the area noisy?
Ambient noise level around this home is > 80 dBA , classified as very loud - unsafe over extended time periods. Sounds like a garbage disposal.
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Where's the nearest grocery store?
97367 has convenient grocery shopping options, including Kenny's Iga Foodliner, Sentry Market, and Grocery Outlet.
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Do homes stay on the market long?
Average days on market for homes in 97367 was 24.0 days this month, 43.0 days last month, and 51.0 days last year.
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Can I satisfy my sweet tooth nearby?
Dessert shops like Captain Dan's Pirate Pastry Shop, Lighthouse Doughnuts, and Snack City are great options in 97367 for satisfying your sweet tooth.
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Is there earthquake risk?
Based on historical data, this property is at risk of experiencing earthquakes with peak ground acceleration of up to 0.20g, which would produce very strong shaking and moderate structural damage.
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Is there flood risk?
This home is in flood zone X which is low risk. Flood insurance is available for properties in this zone, but is not required.
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Do people here tend to rent or own?
43% of homes in 97367 are renter-occupied with an average household size of 2.1 members.
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Nearby public transit?
Public transit in 97367 is provided by Caravan Airport Transportation, with 1 Caravan Airport Transportation bus stops
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Is the sky clear at night?
Expect suburban-like night skies, light but notable pollution domes, and recognizable constellations but a washed-out Milky Way.
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Is the area walkable?
97367 has a walk score of 1 and a bike score of 1. Almost all errands require a car.
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How are the transit options?
More than 72% of commuters drive to work alone in 97367.
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How's this area's market?
There aren't too many bidding wars right now in 97367, with homes selling 1% below asking price over the last three months.

The Basics

About
Excellent location. On hwy 101 w/over 180 ft frontage. Well Established chinese restaurant w/79+ seats in DR. hard liquor lounge w/5 OR lottery machines before pandemic. It can be reopened anytime after re-apply for the licenses. Upstairs apartment for owner to use. Great family operation. Profitable business. Can purchase the business opportunity for $59,000, Cash only. Seller would consider to carry a private contract w/large down for real property purchase.
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Property Facts
Status
Active
Style
Miscellaneous, Commercial, Commercial Sale
MLS #
22272546
Community
Lincoln City, OR
Year Built
1946
lot_size
20,000 SqFt to .99 Acres
Property Type
Commercial Sale, Commercial
County
Lincoln
Time On ZeroDown
5 months
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Interior Features

Heating & Cooling

Fuel:
Electricity
Heating:
Baseboard
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Exterior Features

Exterior Information

Roof:
Flat
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Virtual Tour, Parking, School, Utilities and Taxes

Parking Information

Garage Or Parking Spaces:
27

Utilities

Water Description:
Public Water
Sewer:
Public Sewer

Tax Information

Tax Amount NCM:
$4,765.36
Tax Year:
2021
Tax Legal Description:
TWNSHP 07, RNG 11, ACRES 0.28, DOC202105612
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Financing, Location Details

Location Information

Directions:
SE 32nd St & Hwy 101 **Free standing building with extra large parking lot**
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Property / Lot Information

Lot Information

Road Surface:
Concrete

Property Information

Legal Description:
TWNSHP 07, RNG 11, ACRES 0.28, DOC202105612
Zoning:
NP
PropertyCondition:
Approximately
Listed by: Samantha Chan
•
Brokerage: ERA Freeman & Associates
•
MLS#: 22272546
•
Source: RMLS
Details provided by RMLS and may not match the public record.

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