3105 O. B. Riley Road, Bend, OR 97703
sale
$14,000,000
|
Other
Courtesy Of Varsity Real Estate
Rare riverfront hospitality opportunity in Bend, OR. This legacy property includes 151 guest rooms, a single-family residence with lower apartment, and an additional apartment attached to the lobby, all situated on expansive grounds along the Deschutes River. Amenities include multiple pools, hot tubs, saunas, on-site restaurant space, and banquet/event facilities. Originally built in the mid-1980s as what was intended to be Touch of Class, and later operated as the Shilo Inn, this property has long served as a home away from home for travelers and long-term guests in Central Oregon. While the hotel has experienced deferred maintenance and operational inefficiencies, the underlying fundamentals remain compelling, including irreplaceable river frontage, scale, existing infrastructure, and zoning. This is a value-add and repositioning opportunity suited for an experienced operator, developer, or investor seeking to reimagine or redevelop a landmark asset.
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Property Features
- Age: 31-40 Years Old
- Amenities: Pond
- Architecture Style: Other
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Heat Pump
- Cooling System: Central Air
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Frame
- Floor Covering: Laminate
- Floor Covering: Tile
- Floor Covering: Carpet
- Heating System: Heat Pump (Heating)
- Heating System: Wall Furnace
- MLSID: 220214932
- Parking Spaces: 215
- Roof Type: Tile
- View Type: River
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