531 N HWY 101, Depoe Bay, OR 97341 | MLS #21494664 | Berkshire Hathaway HomeServices Real Estate Professionals
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Listing provided courtesy of Zenith Realty, LLC- MLS# 21494664MLS Provider

531 N HWY 101Depoe Bay, OR 97341

Commercial · 11,240 Sq. ft.
$3,000,000 Active

531 N HWY 101 Overview

Time on Site:
1250 days
Visits:
67

Motivated seller seeking acceptable offer ASAP. Fantastic opportunity for investors, owner-users. Large Office-Retail building on ocean side of Hwy 101 in Depoe Bay, a heavily traveled, popular Oregon coastal tourist destination w/ocean views. Drive-bys welcome; do not disturb tenants.

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531 N HWY 101 Facts & Features

  • Type Commercial
  • Sq. ft. 11,240
  • Price/Sq.ft. $267

Details

General

Income/Expenses

  • Gross Income: 129645.0
  • Gross Scheduled Income: 129645.0
  • Operating Expense: 9686.0

Building Information

  • Year Built: 1978

Business Information

  • Business Name: Pacific Professional Plaza LLC
  • Current Use: Medical/Dental,Office,Retail

Location/Region

  • Country: US
  • County Or Parish: Lincoln
  • MLS Area Major: 200 - Lincoln County

Tax Information

  • Tax Annual Amount: 8259.12
  • Tax Year: 2023

General Information

  • Inclusions: Building
  • Listing Terms: Call Listing Agent,Cash,Contract,Conventional,Lease Option
  • Parcel Number: R177264
  • Property Condition: Existing
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • Zoning: C-1

Interior

Building Interior

  • Building Area Total: 11240.0

General Information

  • Cooling: Other
  • Heating: Ductless,Forced Air
  • Stories: 2

Exterior

Parking Information

  • Parking Features: On Site

Lot Information

  • Lot Size Acres: 0
  • Lot Size Square Feet: 0
  • Number Of Buildings: 1
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Cement Siding,Frame,Vinyl Siding
  • Roof: Built-Up,Flat

General Information

  • Sewer: Public Sewer

531 N HWY 101 Neighborhood

Community

97341 (Depoe Bay) Demographics

60
Median Age
333
Population Density (per sq. mile)
40%
College Educated
$48,250
Estimated Median Income
978
Estimated Total Home Owners
420
Estimated Total Renters
70% / 30%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

531 N HWY 101 Monthly Cost

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Greg Bowyer
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

531 N HWY 101 Market Data

Based on the last 30 days in this zip code

$747,681
Average List Price
$398
Average Price per Square Foot
10
Properties Sold
125
Average Days on Market
151
Properties for Sale
Calculations provided by Reliance Network

531 N HWY 101 History

Date Event Value Agent
3/29/2026Source: Willamette Valley MLS Price Increase
$3,000,000 500.0%
3/29/2026Source: Regional MLS Price Increase
$3,000,000 500.0%
3/5/2024Source: Regional MLS Price Reduction
$500,000 -75.0%
3/5/2024Source: Willamette Valley MLS Price Reduction
$500,000 -75.0%