About 416 N Hwy 101
This coastal motel was completely renovated in 2017 and opened for business in August. Turnkey operation. New comprehensive reservation software (RESERVATION KEY)that is integrated to the following websites: Expedia, Bookings.com, Airbnb and custom website with optimized with Google Analytics. Also included is a high tech video security system. Given the location and demand this business should produce a six figure income easily. Completely renovated Adjacent VL is available for expansion or other commercial uses. Property includes 3 additional sewer and water hookups and ample room to expand.
Features of 416 N Hwy 101
| MLS® # | TC-16962 |
|---|---|
| Price | $599,000 |
| Square Footage | 2,200 |
| Acres | 0.31 |
| Year Built | 1930 |
| Type | Commercial Sale |
| Sub-Type | Hotel/Motel |
| Status | Closed |
| Sold Price | $531,000 |
| Sold Date | January 18th, 2019 |
Community Information
| Address | 416 N Hwy 101 |
|---|---|
| City | Depoe Bay |
| State | OR |
| Zip Code | 97341 |
Amenities
| Utilities | Electricity Available, Sewer Connected |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Additional Information
| Date Listed | October 30th, 2017 |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Ike Kendrick |
|---|---|
| Office | MORE Realty |