ABOUT THE PROPERTY
Sale Description
Introducing a combined hospitality and retail investment opportunity in Waldport, OR. This offering includes The Waldport Inn, a 17-unit exterior corridor motel, built in 1962 and fully renovated in 2016. This exclusive listing also includes the Chandler Building located directly across the street. Built in 1978, this property includes 2 leased retail spaces, 2 studio apartments, 1 one-bedroom apartment that can be converted to Airbnb, and 2 apartments currently used for Airbnb (1 three-bedroom Airbnb and 1 one-bedroom Airbnb). With its strategic location on iconic Highway 101 and varied income streams, these investment properties are a standout opportunity for investors in this growing market.
Location Description
This property is nestled in the beautiful coastal town of Waldport, Oregon, a city that spans Alsea Bay . The property is walking distance to unspoiled beaches, local restaurants, and hiking trails. The city of Waldport is 15 miles south of Newport and 8 miles north of Yachats making it a quick drive to shopping, entertainment, and the Oregon Coast Aquarium. Waldport is also less than a three hour drive from Portland and within a couple hour drive from Salem and Eugene.
THIS IS AN EXCLUSIVE LISTING AND WE RESPECTFULLY REQUEST THAT ALL INQUIRIES BE ADDRESSED THROUGH BRIAN RESENDEZ, CCIM OR JOSEPH AISTON. PLEASE DO NOT ENGAGE EMPLOYEES OR INTERRUPT NORMAL BUSINESS OPERATIONS.
For more information please sign and submit the Confidentiality Agreement:
