2178 Winchester Ave - Hospitality FOR SALE


Reedsport, OR 97467
$975,000 USD
541-217-7710
2178 Winchester Ave, Reedsport, OR for Sale
$975,000 USD
Hospitality - FOR SALE
1/28
null | Request Cap Rate

2178 Winchester Ave
Reedsport, OR 97467


OVERVIEW

Fir Grove Motel – 2178 Winchester Avenue, Reedsport, Oregon Prime Redevelopment or Investment Opportunity on the Oregon Coast. Located in the heart of Reedsport, just minutes from the Oregon Dunes National Recreation Area and approximately 30 minutes from North Bend Municipal Airport, the Fir Grove Motel presents a rare investment opportunity along the scenic Oregon Coast. This 17-room property offers excellent visibility and accessibility, with 20 on-site parking spaces in a secure, gated lot.. The motel is currently fully occupied with long-term, month-to-month tenants. Each room features a sitting area, dining space, and a private bathroom with a combination of bathtub, walk-in shower, and separate toilet. While interior access is not permitted until an offer has been accepted, the property’s layout and location provide strong potential for renovation, repositioning, or continued rental income. This is a cash-only, as-is sale. Financed offers will not be considered. No financial documentation will be provided—there are no rent rolls, lease agreements, profit and loss statements, or deposit records available. Interior showings are not allowed prior to an accepted offer. Drive-by viewings only, and under no circumstances should tenants be disturbed. Just steps from local shops, and essential amenities, the Fir Grove Motel offers a unique chance to invest in one of the coast’s most desirable communities. With vision and capital, this property holds significant potential for long-term value and future development. Competitive offers must include: Purchase price at Full Price, All Cash with Proof of funds, including phrasing that states buyer accepts property in 100% “as-is” condition with all defects known and unknown. Buyers accepts all tenants, and/on site staff, and live in management if applicable at closing. Buyer understands that no rental agreements or financial documentation of any kind is available. Buyer understands that no deposits or prorated rents will be transferred at closing. Please use OREF forms ONLY and Include the attached addendum confirming the offer is subject to 3rd party approval Shall be subject to overbid by third parties following a motion for approval of sale filed by Seller in the Bankruptcy Action. Property will be conveyed with a “Trustee Deed” Seller is Kenneth S. Eiler, Trustee of the Estate of Reinard Adolph Pollmann, debtor. Ameri- Title - Team Summa

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$132 USD /SF

# OF ROOMS

19

PRICE/ROOM

$51,316 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fir Grove Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1948

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

C

APN/PARCEL ID

R70617

ASK ABOUT THIS PROPERTY

Joe AguirrePacific Coast Real Estate and DevelopmentMore Info
541-217-7710

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Joe AguirrePacific Coast Real Estate and DevelopmentMore Info
541-217-7710

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