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An exceptional opportunity to acquire two adjacent properties offering both commercial and residential potential in a prime central location of Lincoln City.
The first property features a successful turn-key restaurant/lounge business, ''The Grill 1646,'' operating from a newly remodeled 2,524 square foot facility. The restaurant includes both indoor and outdoor seating, on-site and off-site parking, and comes fully equipped with inventory, equipment, and furnishings valued at 175,000K, including an 85,000K hood system and 2 ductless heat pumps with A/C . The sale includes 7 days of operating supplies (excluding alcohol) valued at 12,000K. There are two dishwashers on site—one is leased and excluded from the sale, while the second unit is owned and will be included. Ninety days of training and operational coaching will be provided by the seller. Financials are available to qualified buyer...
The first property features a successful turn-key restaurant/lounge business, ''The Grill 1646,'' operating from a newly remodeled 2,524 square foot facility. The restaurant includes both indoor and outdoor seating, on-site and off-site parking, and comes fully equipped with inventory, equipment, and furnishings valued at 175,000K, including an 85,000K hood system and 2 ductless heat pumps with A/C . The sale includes 7 days of operating supplies (excluding alcohol) valued at 12,000K. There are two dishwashers on site—one is leased and excluded from the sale, while the second unit is owned and will be included. Ninety days of training and operational coaching will be provided by the seller. Financials are available to qualified buyers with proof of funds or lender pre-approval. Shown by appointment only.
The adjoining property offers a partially completed 4-bedroom, 2-bathroom home with ocean views from the upper level and is zoned to allow for short-term rental use. Electrical, plumbing, and drywall work have already been completed, offering the opportunity to finish the home to your specifications. This residential structure is being sold as-is. Located within walking distance of restaurants, shopping, the beach, and the casino, this home sits in one of Lincoln City's most accessible and desirable areas.
Together, these two properties offer significant value for an investor, restaurateur, or developer seeking to capitalize on Lincoln City's thriving coastal market. Whether you're looking to own and operate a successful business, complete a short-term rental-ready home, or pursue a broader development vision, this unique package delivers flexibility and potential.
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Is this your property? Sell it faster with premium placement and targeted ads.