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Listed by Venture Commercial Real Estate
$ 1,900,000
Est. payment | /mo
16,656 SqFt
$ 1,900,000
Est. payment | /mo
16,656 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 16,656 sqft
Price per Sqft $114
MLS Listing ID 487999611
Year Built 1965
Annual Tax Amount $16,604
Tax Year 2024
Lot Size 0.520 Acres
Property Sub-Type Commercial
Property Description
Oregon Coast! This 41-room motel has an on-site manager's two-bedroom unit. The building's exterior and interior have been entirely repainted, and the landscape has been significantly upgraded. Ongoing upgrades and changes to the mattresses and TV's have been made. The motel features two laundry areas and several storage spaces. There is ample parking space and space for semi-trucks and oversized vehicles in the back. It's easily accessible on and off the highway. Reedsport is the center for several activities on the coast including crabbing, fishing, hunting, boating and the dunes. The town also hosts several events, including chainsaw carving shows, The Dune Fest in July, Kool Coastal Nights, UTV Takeover, etc. The coast here is the best for playing in the Dunes. The motel also have long-standing commercial workers who stay while working in the area. The owners have invested a lot of time and money since purchasing, but due to unforeseen medical issues, they are forced to let another investor enjoy the business. There are very few places on the Oregon Coast in this excellent condition and location.
Location
State OR
County Douglas
Area _265
Zoning C-2 Com
Interior
Heating Wall Heater
Equipment Fixtures, Furniture, SmokeDetector
Exterior
View Territorial
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing CallListingAgent, Cash, Conventional
Listing Terms CallListingAgent, Cash, Conventional
