265 8th St - Hospitality FOR SALE


Winchester Bay, OR 97467
$850,000 USD
541-808-7045
265 8th St, Winchester Bay, OR for Sale
$850,000 USD
Hospitality - FOR SALE
1/1
null | 8.04% Cap Rate

265 8th St
Winchester Bay, OR 97467


OVERVIEW

Rare opportunity to own one of Winchester Bay's highest-rated lodging properties. This well-maintained, turnkey operation features nine guest accommodations, including a spacious three-bedroom, two-bath vacation rental home, queen rooms, double-queen rooms, and king rooms designed to accommodate a variety of travelers. Ideally located just two blocks from the marina and less than half a mile from the Oregon Dunes recreation area, the property enjoys a loyal returning customer base and strong online ratings. The business is fully operational with an established reservation system, proven track record, and repeat clientele already in place. The property includes generous owner's/manager's quarters featuring an expansive living, kitchen, and dining area, large primary bedroom, office or additional bedroom, Jack-and-Jill bathroom, dedicated front office space, and a commercial laundry area with two washers and two dryers. The vacation rental home includes its own private laundry facilities. With mostly single-level accommodations, a desirable coastal location, and an established reputation for guest satisfaction, this property offers an exceptional opportunity for an owner-operator or investor seeking a successful hospitality business on the Oregon Coast.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$179 USD /SF

# OF ROOMS

9

PRICE/ROOM

$94,444 {currency}

CAP RATE

8.04%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Salmon Harbor Landing Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2007

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,621 SF

ZONING

CT

APN/PARCEL ID

R49684

ASK ABOUT THIS PROPERTY

Justin MastOregon Life HomesMore Info
541-808-7045

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

Justin MastOregon Life HomesMore Info
541-808-7045

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