4253 Hwy 101 N new

Gearhart,OR 97138

$ 2600000

- Bed

- Bath

15939 SqFt


Key Details

Property Type Commercial

Sub Type Hotel Motel

Listing Status Active

Purchase Type For Sale

Square Footage 15,939 sqft

Price per Sqft $163

MLS Listing ID 24430835

Year Built 1985

Annual Tax Amount $16,310

Tax Year 2024

Lot Size 5.490 Acres

Property 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. 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. Thisproperty 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 coin-op laundry all with a Mid-Century Modern flare decor. Possibilities are endless. Buyers are encouraged to conduct their own due diligence. TAX ID's 61003BA00900 & 61003BA00800

Location

State OR

County Clatsop

Area _183

Zoning C2

Interior

Heating Wall Heater

Cooling None

Equipment Fixtures,Furniture,SecuritySystem,SmokeDetector

Exterior

Roof Type Flat,Membrane

Building

Story 2

Sewer Sand Filtered, Septic Tank

Water Public Water

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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