$3,845,000
$3,845,000
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11,775 SqFt
SOLD DATE : 07/08/2022
Key Details
Sold Price $3,845,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 11,775 sqft
Price per Sqft $326
Subdivision Netarts
MLS Listing ID 22-36
Sold Date 07/08/22
Style Wood Frame
Year Built 1960
Annual Tax Amount $16,964
Property Description
BEACHFRONT 1.08 acre, long established motel with direct beach access and panoramic ocean view. 2 delis within a block. Decades of good management contribute to long list of return customers. 26 motel units, incl 6 cabins; plus 1480 sq ft 2story house, plus separate laundromat & garage. Abundant parking. Office & storage. This is Netarts' ''anchor.'' Quiet community, just 65 miles to Portland. Rent crabbing boats & kayaks nearby. Clamming at low tide. Financials available with non-disclosure agrmt
Location
State OR
County Tillamook
Community Netarts
Area Netarts
Zoning Cmrcl
Interior
Interior Features Storage, Private Bathrooms, Washer/Dryer Hook-Up
Heating Baseboard, Electric, Wall Furnace
Exterior
Exterior Feature Storage, Signs On Site
Utilities Available Cable Available, Sewer Connected, Appl-Electric
Roof Type Composition,Metal
Building
Lot Description Gentle Slope, Level
Water Public
Architectural Style Wood Frame
New Construction false
Others
Tax ID 3800, 5100, 5800, and 5500
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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