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Listed by RE/MAX Equity Group
$ 2,000,000
Est. payment /mo
Active
4253 Hwy 101 N Gearhart, OR 97138
15,939 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel Motel
Listing Status Active
Purchase Type For Sale
Square Footage 15,939 sqft
Price per Sqft $125
MLS Listing ID 24430835
Year Built 1985
Annual Tax Amount $16,310
Tax Year 2024
Lot Size 5.490 Acres
Property Sub-Type Hotel Motel
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
Garage No
Building
Story 2
Sewer Sand Filtered, Septic Tank
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
