A property in Depoe Bay that sold for $468,500 tops the list of the most expensive commercial real estate sales in Lincoln County between Oct. 12 and Oct. 25.
The county saw a total of five commercial property sales, averaging $193,000. The average price per square foot was $211.
The prices in the list below include commercial real estate sales where the title was recorded from the week of Oct. 12 to the week of Oct. 25 even if the property sold earlier.
1. $468,500, commercial condo at 20 Northwest Sunset Street, Unit M3
A sale has been finalized for the non-office use commercial condominium at 20 Northwest Sunset Street, Unit M3 in Depoe Bay.
The price was $468,500. The house was built in 1981 and the living area totals 1,361 square feet. The price per square foot ended up at $344. The house features two bedrooms and two bathrooms. Jean A. Hall transferred ownership of the non-office use commercial condominium to EL Investments LLC. The transaction was completed on Oct. 14.
2. $345,000, commercial condo at 1415 Northwest 31st Place, Unit 359
A 680-square-foot non-office use commercial condominium at 1415 Northwest 31st Place, Unit 359 in Lincoln City has been sold.
The total purchase price was $345,000, $507 per square foot. The home was built in 1974. The house features one bedroom and two bathrooms. Mark Sanchez and Angela Sanchez sold the non-office use commercial condominium to Richard Metsger and Janet Metsger. The deal was finalized on Oct. 14.
3. $105,000, commercial condo at 1000 Southeast Bay Boulevard, Unit E-2
A 650-square-foot non-office use commercial condominium at 1000 Southeast Bay Boulevard, Unit E-2 in Newport has been sold.
The total purchase price was $105,000, $162 per square foot. The home was built in 1975. The house features one bedroom and one bathroom. Jeffrey M. Montgomery took over the non-office use commercial condominium from Marlys Eriksen. The deal was closed on Oct. 1.
4. $27,000, commercial condo at 301 Otter Crest Loop, Unit 260
The property at 301 Otter Crest Loop, Unit 260 in Otter Rock has new owners.
The price was $27,000. The property was built in 1972 and has a living area of 1,662 square feet. The price per square foot ended up at $16. The property features three bedrooms and two bathrooms. T John T. Nelson and Cacelia J. Nelson transferred ownership of the property to Susan Marie Almquist and Curtis Almquist. The deal was finalized on Oct. 7.
5. $19,500, commercial condo at 220 Southwest Elizabeth Street
The sale of the non-office use commercial condominium at 220 Southwest Elizabeth Street in Newport has been finalized.
The price was $19,500. The home was built in 1979 and has a living area of 768 square feet. The price per square foot ended up at $25. The house features one bedroom and one bathroom. Gary Sandstrom and Shirley Sandstrom bought the non-office use commercial condominium from Leanne R. Hawkins. The transaction was completed on Oct. 14.
