1500 1600 Blk Ne Oar Ave

Lincoln City, OR 97367
  • $499,000

    Price
  • 0

    Bed
  • Bath
  • 0

    SqFt

About the Listing 3TTR01 - REGENDEN,HKOREY

Over 1 acre of vacant land comprised of 8 tax lots zoned RM (Residential Multi-Family), located in the 1600 block between NE 15th and NE 16th Streets, just east of NE Oar. Priced at 11 per square foot, this is a great opportunity for developers or investors looking to build multi-family housing. Preliminary concept drawings suggest the potential for an 18+ unit multi-family development with City approval. Possible ocean views from upper levels. Buyer to perform due diligence with the City of Lincoln City regarding allowable uses, zoning requirements, and potential density. Coordination with Public Works will be necessary for water and sewer service. Note: Septic easement on 7-11-10DA TL 8202 benefits 7-11-10DA TL 8703 until connection to sewer is completed.

Listing Highlights for 1500 1600 Blk Ne Oar Ave

Status Active
Days on Site 68
Property Type Vacant Land
MLS ® 576406118
Year Built
Total Square Footage 0
Lot/Acreage 1.03
County Lincoln
Neighborhood Raymond Townsite
Elementary School Oceanlake
Middle School Taft
High School Taft

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Gentle Sloping,Brush,Trees
  • Garage Capacity: N/A
  • Zoning: RM
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $3,934
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R309952
  • Tax Year: N/A

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1500 1600 Blk Ne Oar Ave Lincoln City, OR 97367

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Originating MLS: Regional Multiple Listing Service, Inc.

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