4253 Hwy 101 N, Gearhart, OR 97138
sale
$2,000,000
|
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: 41-50 Years Old
- Exterior Type: ShakeSiding
- Exterior Type: CrawlSpace
- Exterior Type: WoodFrame
- Floors: 2
- Legal Description: Parcel 1 of PARTITION PLAT NO. 1995-022; TRACT A, COTTONWOOD PARK
- MLSID: 24430835
- Roof Type: Flat
- Roof Type: Membrane
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