1609 E Harbor St - Hospitality FOR SALE


Warrenton, OR 97146
$4,095,000 USD
503-313-8262
1609 E Harbor St, Warrenton, OR for Sale
$4,095,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

1609 E Harbor St
Warrenton, OR 97146


HIGHLIGHTS

  • 62 keys!
  • Separate restaurant building!
  • Great opportunity!

OVERVIEW

-Located at the gateway to the North Oregon Coast, this high-visibility property presents a rare opportunity to acquire a hotel located on a coastal corridor. -Formerly operating as a franchise hotel, this 4-story hospitality structure is currently in distressed condition and requires rehabilitation or renovations. -The hotel’s on-site facilities include an indoor pool, sauna, steam room, conference room, laundry room for guests, 62 keys plus a manager’s suite. -The property also includes a full restaurant (with bar). -Please reach out for additional information and buyer qualification. -Listing includes estimated 20k SF hotel plus separate 4,771 SF restaurant. -Call Bradley at 503-313-8262 with minimum 24 hours (M-F) to schedule showings. -Email Admin@BradleyKingCRE.com for additional Buyer information.

FOR SALE DETAILS

PRICE

$4,095,000 USD

PRICE/SF

$135 USD /SF

# OF ROOMS

62

PRICE/ROOM

$66,048 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coastal hotel in Warrenton

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1990

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,197 SF

ZONING

C1

APN/PARCEL ID

31594

ASK ABOUT THIS PROPERTY

Bradley KingKW Commercial Portland PremiereMore Info
503-313-8262

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Bradley KingKW Commercial Portland PremiereMore Info
503-313-8262

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.