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Listed by Sunfire Real Estate • sunfirere@gmail.com
$ 1,200,000
Est. payment | /mo
3,744 SqFt
$ 1,200,000
Est. payment | /mo
3,744 SqFt
Key Details
Property Type Commercial
Sub Type Hotel Motel
Listing Status Active
Purchase Type For Sale
Square Footage 3,744 sqft
Price per Sqft $320
MLS Listing ID 449051725
Year Built 1950
Annual Tax Amount $4,262
Tax Year 2024
Lot Size 0.290 Acres
Property Sub-Type Hotel Motel
Property Description
This property is located in the heart of downtown LaGrande Oregon on Highway 30. Exceptional investment property that features a 9-unit motel along with a residential home to be used as owner occupancy or on-site manager. The main residence has 2 bedrooms, 1 bath, with many upgrades to the kitchen. Five of the units are equipped with kitchenettes, allowing the guest to have the options of preparing meals. Eash of the 9 motel units range from 200 to 400 square feet in size. Currently 7 out of 9 units are generating a monthly income of $6265.with the remaining 2 units undergoing renovation. This motel is situated right across the street from Safeway and a short distance to restaurants and shopping, parks, Eastern Oregon University, and Grande Ronde Medical Center.
Location
State OR
County Union
Area _440
Zoning LG-GC
Interior
Heating Other
Cooling Wall Unit
Equipment Fixtures, Furniture, SmokeDetector
Exterior
View Mountain
Roof Type Composition
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224