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4253 Highway 101 N
Gearhart, OR 97138

$2,000,000 USD

Hotel For Sale  •  15,939 SF

Property Details

  • Property Type Hotel
  • Total Building Size 15,939 SF
  • Lot Size 5.49 AC
  • Building Class C
  • Year Built 1985
  • Zoning C2
0 Transit Score
30 Walk Score

Description

A unique and versatile property with 217sf of prime frontage on Hwy 101 in Gearhart, OR. This property has excellent exposure characteristics and operates as a Motel referred to as the Windjammer Inn which has been open since 1985. Located on 5.49 acres (2 tax lots) which includes a 3623sf storage building, 77 parking spaces and is approximately 1/2 mile from the beach and 1 mile north of the main downtown area of Gearhart. This property is zoned C2 for Commercial / Residential use. There are 25 units rented nightly, weekly, Bi-weekly or monthly. This is comprised of five 2 bedroom units and 20 one bedroom units all with kitchenettes, an on-site guest coin-op laundry all with a Mid-Century Modern flare decor. The buildings have a flat build-up wood frame roof structure in need of replacement. Possibilities are endless. Buyers are encouraged to conduct their own due diligence. TAX ID's 61003BA00900 & 61003BA00800. New owner is able to take over the business and clientele.

Highlights

Location! 217 sf of frontage along the east side of Hwy 101. 1/2 mile from beach, all units have kitchenettes.Monthly, weekly & daily rates available
77 parking spaces

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 77
Type: Surface
Included in Rent: Yes
Mona Kelly 503-970-1563 RE/MAX Equity Group
Mona Kelly 503-970-1563 RE/MAX Equity Group