1593 HIGHWAY 101 Pending

Reedsport,OR 97467

$ 2300000

- Bed

- Bath

22651 SqFt


Key Details

Property Type Commercial

Sub Type Hotel Motel

Listing Status Pending

Purchase Type For Sale

Square Footage 22,651 sqft

Price per Sqft $101

MLS Listing ID 24041719

Year Built 1965

Annual Tax Amount $17,875

Tax Year 2023

Lot Size 0.520 Acres

Property Description

Investment Potential Awaits You on the Oregon Coast! This 41-room motel has on-site managers and an assistant manager in a 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 are also being made. The motel features two laundry areas and several storage spaces. There is ample parking, including space for semi-trucks and oversized vehicles in the back. It's easily accessible off and on the highway. Situated in the heart of Oregon's Sand-Dunes region, Reedsport is a coastal city. It boasts breathtaking natural beauty, with the picturesque Umpqua River winding through its landscape and nearby national forests offering endless opportunities for outdoor recreation that includes boating and kayaking, fishing, crabbing, shellfish collection, ATV Dune rides, access to Long sandy beaches, lakes, parks, spectacular elk-viewing, etc. Beyond its stunning Surroundings, the city fosters a tight-knit community atmosphere where neighbors are more like Extended family, supporting one another through life's ups and downs. This sense of belonging creates a warm and welcoming environment, looking to live in a Safe and nurturing Community. Despite its small size, Reedsport surprises with its amenities, including locally-owned shops, charming eateries serving delicious cuisine, and a Vibrant arts and culture scene. Moreover, the city's affordable cost of living and low crime rate Make it an attractive option for individuals seeking to escape the hustle and bustle of city life Without sacrificing quality of life. Whether you're drawn to the tranquility of nature, the sense of Community, or the opportunity for a better way of life, Reedsport, Oregon, offers an ideal setting to put down roots and thrive. Reedsport is the center for several activities on the coast, where fishing and boating are year-round.

Location

State OR

County Douglas

Area _265

Zoning Cmsc

Interior

Heating Baseboard

Cooling None

Equipment Fixtures,Furniture,SecuritySystem,SmokeDetector

Exterior

View City, Seasonal, Trees Woods

Roof Type Composition

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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