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Oregon

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97367
1/21
5111 SW HWY 101
For Sale
$749,000
5111 SW HWY 101 
Lincoln City, OR 97367
2/21
5111 SW HWY 101
3/21
5111 SW HWY 101
4/21
5111 SW HWY 101
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Listing courtesy of Vacasa Real Estate

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5111 SW HWY 101

$749,000
Lincoln City, OR 97367
For Sale On ZeroDown for 4 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 Hwy 101 Burger, one of the best burgers places around.
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Is there a park nearby?
This home is located near Taft Park.
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Where's the nearest grocery store?
97367 has convenient grocery shopping options, including Mr. Bill's Village Smokehouse, Safeway, and Kenny's IGA Food Market.
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Where's the nearest childcare?
There are options for childcare for young familes in 97367, including Samaritan Early Learning Center and Lincoln City Headstart. Proximity to urgent care centers such as Samaritan Coastal Clinic and Urgent Care: Adventist Health Tillamook is also a plus.
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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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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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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.
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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 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 walkable?
97367 has a walk score of 1 and a bike score of 1. Almost all errands require a car.
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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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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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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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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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Can I satisfy my sweet tooth nearby?
Dessert shops like Colonial Bakery, Captain Dan's Pirate Pastry Shop, and My Petite Sweet are great options in 97367 for satisfying your sweet tooth.
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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 Blue Agave or La Roca or burgers from Grill 1646 or Salishack Tavern in 97367. If you'd rather sit down, check out Blue Agave, Safeway, or Hwy 101 Burger.
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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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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 area noisy?
Ambient noise level around this home is < 40 dBA , classified as faint - safe for any time period. Sounds like a quiet library.
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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.

The Basics

About
LOCATION, LOCATION, LOCATION -HISTORIC TAFT/HWY 101 FRONTAGE! Prime commercial (TVC) zoned property, just over a quarter acre on the corner of SW HWY 101/Sw 51st. Historic Taft is home to many popular attractions/restaurants with access to both beach and bay just blocks away. This large warehouse style building was once home to a successful paint shop - and now rented as a storage space. Parking lot included, holding up to 8 vehicles - a goldmine in an area with very little off-street parking.
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Property Facts
Status
Active
Style
Miscellaneous, Commercial, Commercial Sale
MLS #
22386407
Community
Lincoln City, OR
Year Built
1915
lot_size
10,000 to 14,999 SqFt
Property Type
Commercial Sale, Commercial
County
Lincoln
Virtual Tour
Start Tour
Time On ZeroDown
4 months
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Interior Features

Heating & Cooling

Fuel:
Electricity
Cooling:
None
Heating:
Baseboard
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Exterior Features

Exterior Information

Roof:
Flat, Tar/Gravel
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Virtual Tour, Parking, School, Utilities and Taxes

Parking Information

Garage Or Parking Spaces:
8

Utilities

Water Description:
Public Water
Sewer:
Public Sewer

Tax Information

Tax Amount NCM:
$6,354.83
Tax Year:
2021
Tax Legal Description:
TAFT, BLOCK 8, LOT 12 & PTN OF 3, DOC201912205

Virtual Tour Information

Virtual Tour URL (UnBranded):
Start Tour
Virtual Tour URL:
Start Tour
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Financing, Location Details

Location Information

Directions:
Building on the corner of SW HWY 101 and SW 51st St. Parking Lot Access on SW 51st St.
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Property / Lot Information

Lot Information

Road Surface:
Paved
View:
Bay, City

Property Information

Legal Description:
TAFT, BLOCK 8, LOT 12 & PTN OF 3, DOC201912205
Zoning:
TVC
Listed by: Rachelle Rehberg
•
Brokerage: Vacasa Real Estate
•
MLS#: 22386407
•
Source: RMLS
Details provided by RMLS and may not match the public record.

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