A property in Lincoln City that sold for $600,000 tops the list of the most expensive commercial real estate sales in Lincoln County between Sept. 21 and Oct. 11.
In total, nine commercial property sales were recorded in the county, with an average price of $240,033, or $364 per square foot.
The prices in the list below include commercial real estate sales where the title was recorded from the week of Sept. 21 to the week of Oct. 11 even if the property sold earlier.
1. $600,000, commercial condo at 325 Lancer Street, Unit 39
The non-office use commercial condominium at 325 Lancer Street, Unit 39 in Lincoln City has new owners.
The price was $600,000. The home was built in 1970 and has a living area of 1,292 square feet. The price per square foot ended up at $464. The house features two bedrooms and two bathrooms. Leon Norman and Jennifer Norman sold the non-office use commercial condominium to Victor N Takla And Kimberly A Takla Revocable Living Trust and Kimberly A Takla Takla. The deal was finalized on Sept. 29.
2. $353,150, commercial condo at 305 Northwest Coast Street, Unit C-1
The sale of the non-office use commercial condominium at 305 Northwest Coast Street, Unit C-1 in Newport has been finalized.
The price was $353,150. The home was built in 2007 and has a living area of 358 square feet. The price per square foot ended up at $986. PNW Life LLC bought the non-office use commercial condominium. The deal was closed on Sept. 15.
3. $353,150, commercial condo at 305 Northwest Coast Street, Unit C-2
A 651-square-foot non-office use commercial condominium at 305 Northwest Coast Street, Unit C-2 in Newport has been sold.
The total purchase price was $353,150, $542 per square foot. The house was built in 2007. Gawk Group LLC transferred ownership of the non-office use commercial condominium to PNW Life LLC. The transaction was completed on Sept. 15.
4. $328,000, commercial condo at 5201 Southwest Highway 101, Unit 109
A 671-square-foot non-office use commercial condominium at 5201 Southwest Highway 101, Unit 109 in Lincoln City has been sold.
The total purchase price was $328,000, $489 per square foot. The home was built in 1999. The house features one bedroom and one bathroom. Deborah D. Hamilton acquired the non-office use commercial condominium from Long Ty Tran and Sunhy Lee. The deal was finalized on Sept. 16.
5. $200,000, commercial condo at 145 Northwest Inlet Avenue
A sale has been finalized for the non-office use commercial condominium at 145 Northwest Inlet Avenue in Lincoln City.
The price was $200,000. The house was built in 1971 and the living area totals 610 square feet. The price per square foot ended up at $328. The house features one bedroom and two bathrooms. Gail L Youngquist Trust and Youngquist took over the non-office use commercial condominium from Sea Gypsy Condominium Association. The transaction was completed on Sept. 25.
6. $178,000, commercial condo at 145 Northwest Inlet Avenue
The non-office use commercial condominium at 145 Northwest Inlet Avenue in Lincoln City has new owners.
The price was $178,000. The home was built in 1971 and has a living area of 634 square feet. The price per square foot ended up at $281. The house features one bedroom and two bathrooms. Erica Helphand and House Sawnia sold the non-office use commercial condominium to Scott Leavitt. The deal was closed on Sept. 30.
7. $99,000, commercial condo at 100 Southeast Bay Boulevard, Unit F-1
A 650-square-foot non-office use commercial condominium at 100 Southeast Bay Boulevard, Unit F-1 in Newport has been sold.
The total purchase price was $99,000, $152 per square foot. The home was built in 1975. The house features one bedroom and one bathroom. Salon Dennis A acquired the non-office use commercial condominium. The deal was finalized on Sept. 29.
8. $30,000, property at 301 Otter Crest Loop, Unit 184
The sale of the property at 301 Otter Crest Loop, Unit 184 in Otter Rock has been finalized.
The price was $30,000. The property was built in 1972 and has a living area of 1,496 square feet. The price per square foot ended up at $20. The property features two bedrooms and two bathrooms. Edward Carveth An and Margaret Carveth transferred ownership of the property to Philip J. Lane and Paige D. Hawkinson. The deal was closed on Sept. 29.
9. $19,000, property at 301 Otter Crest Loop, Unit 124
A sale has been finalized for the property at 301 Otter Crest Loop, Unit 124 in Otter Rock.
The price was $19,000. The house was built in 1972 and the living area totals 935 square feet. The price per square foot ended up at $20. The property features two bedrooms and two bathrooms. Vandermalle-Kezele Joint Revocable Living Trust and Vandermalle bought the property from Thomas D. Wilson and Susette A. Wilson. The transaction was completed on Sept. 15.
