4253 Hwy 101, Gearhart, OR 97138

sale $2,500,000 | Other

Courtesy Of RE/MAX equity group

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

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Property Features

Age: 31-40 Years Old
Architecture Style: Other
Cooling System: None (Cooling)
Heating System: Wall Furnace
Legal Description: Parcel 1 of PARTITION PLAT NO. 1995-022; TRACT A, COTTONWOOD PARK
MLSID: 24430835
Roof Type: Flat
Roof Type: Membrane

Directions to This Property

4253 Hwy 101, Gearhart, OR 97138

Demographic Data for 4253 Hwy 101, Gearhart, OR 97138

Average Age

Married

37%

Number of Homes

5,398

Homes with Children

18.10%

Occupation Type

Transportation to Work

CENTURY 21 North Homes Realty

p: 503-652-2260

12901 SE 97th Avenue

Clackamas, OR 97015