1510 Adams Ave - Hospitality FOR SALE


La Grande, OR 97850
$1,899,000 USD
408-316-2157
1510 Adams Ave, La Grande, OR for Sale
$1,899,000 USD
Hospitality - FOR SALE
1/31
null | 12.44% Cap Rate

1510 Adams Ave
La Grande, OR 97850


HIGHLIGHTS

  • 43-room economy motel located in downtown La Grande.
  • Located within an established Eastern Oregon lodging market.
  • Independent hospitality asset with operational flexibility.
  • Convenient access to the Blue Mountains and outdoor recreation.
  • Serves university visitors, regional travelers, and tourists.
  • Call listing brokers for more information.

OVERVIEW

Royal Motor Inn presents the opportunity to acquire a 43-room hospitality asset located in the heart of downtown La Grande, Oregon. Positioned along Adams Avenue, the property benefits from convenient access to downtown restaurants, retailers, Eastern Oregon University, and regional transportation routes serving Eastern Oregon travelers. The motel is situated within a market supported by university activity, outdoor recreation tourism, and year-round visitor demand generated by destinations such as the Blue Mountains, Grande Ronde Valley, and Anthony Lakes Mountain Resort. As an independent lodging property, the asset offers operational flexibility for a new owner to implement management enhancements, revenue strategies, and branding initiatives. The property's downtown location places guests within walking distance of local amenities while also serving travelers exploring the broader region. Offered at $1,899,000, Royal Motor Inn provides investors with an established hospitality property in a recognized regional tourism and education market.

FOR SALE DETAILS

PRICE

$1,899,000 USD

PRICE/SF

$127 USD /SF

# OF ROOMS

43

PRICE/ROOM

$44,163 {currency}

CAP RATE

12.44%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Royal Motor Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1963

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

LG-GC

APN/PARCEL ID

03S3808BA 6500 01

ASK ABOUT THIS PROPERTY

Sam JaliliCompass CommercialMore Info
408-316-2157

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Sam JaliliCompass CommercialMore Info
408-316-2157

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