4500 Block of SW Highway 101, Lincoln City

Details
Acres1.55
Price$898,000
ZonedCG
map

1.55 acre site zoned CG.  Owners have approved plans to develop 51 units.  Estimated time for permits is 6-8 weeks.  Located just blocks from the Oregon Coast in the Taft area of Lincoln City.  The site site across Highway 101 from the Best Western Plus and just ot the North of Surfwood Manor.

Plans identify the following unit mix:
(12) 1 bed / 1 bath ADA units
(4) 2 bed / 2 bath units

Four buildings:
Building A & C 3 Story with 18 units
Building B 3 Story with 12 units
Building D 1.5 Story with 3 units plus 692 SF Office

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