Listing provided courtesy of RE/MAX Equity Group- MLS# 24430835
Images
Request Info4253 Hwy 101 NGearhart, OR 97138
Commercial · 15,939 Sq. ft. | 5.49 Acres$2,000,000
Active
4253 Hwy 101 N Overview
- Time on Site:
- 566 days
- Visits:
- 123
A unique and versatile property with 217sf of prime frontage on Hwy 101 in Gearhart, OR. This property has excellent exposure characteristics and operates as a Motel. Located on 5.49 acres (2 tax lots) which includes a 3623sf storage building, 77 parking spaces and is approximately 1/2 mile from the beach. Thisproperty is zoned C2 for Commercial / Residential use. There are 25 units rented nightly, weekly, Bi-weekly or monthly. This is comprised of five 2 bedroom units and 20 one bedroom units all with kitchenettes, an on-site coin-op laundry all with a Mid-Century Modern flare decor. Possibilities are endless. Buyers are encouraged to conduct their own due diligence. TAX ID's 61003BA00900 & 61003BA00800
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
4253 Hwy 101 N Facts & Features
- Type Commercial
- Sq. ft. 15,939
- Price/Sq.ft. $125
- Lot 5.49 Acres
Details
General
Income/Expenses
- Gross Income: 300000.0
- Operating Expense: 0
Building Information
- Year Built: 1985
- Year Established: 1988
Business Information
- Business Name: The Windjammer Inn, LLC
- Current Use: Hotel/Motel
Location/Region
- Country: US
- County Or Parish: Clatsop
- MLS Area Major: 183 - Clatsop Co: Gearhart East
Tax Information
- Tax Annual Amount: 16310.36
- Tax Year: 2024
General Information
- Inclusions: Building,Business,InventoryIncluded
- Listing Terms: Cash,Conventional
- Parcel Number: Not Found
- Property Condition: Updated/Remodeled
- Property Sub Type: Hotel/Motel
- Property Type: Commercial Sale
- Zoning: C2
Interior
Building Interior
- Building Area Total: 15939.0
General Information
- Cooling: None
- Heating: Wall Heater
- Other Equipment: Fixtures,Furniture,Security System,Smoke Detector
- Stories: 2
Exterior
Parking Information
- Parking Features: On Site
- Parking Total: 77.0
Lot Information
- Lot Size Acres: 5.49
- Lot Size Square Feet: 239144.0
- Number Of Buildings: 2
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Construction Materials: Crawl Space,Shake Siding,Wood Frame
- Roof: Flat,Membrane
General Information
- Road Frontage Type: 217
- Sewer: Sand Filtered,Septic Tank
4253 Hwy 101 N Neighborhood
Community
97138 (Gearhart) Demographics
47
Median Age
84
Population Density (per sq. mile)
34%
College Educated
$47,575
Estimated Median Income
2,454
Estimated Total Home Owners
2,246
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.4253 Hwy 101 N Monthly Cost
4253 Hwy 101 N Market Data
Based on the last 30 days in this zip code
$803,070
Average List Price
$392
Average Price per Square Foot
19
Properties Sold
99
Average Days on Market
220
Properties for Sale
4253 Hwy 101 N History
| Date | Value | Agent |
|---|---|---|
| 11/13/2025Source: Regional MLS | $2,000,000 -4.8% |
|
| 6/16/2025Source: Regional MLS | $2,100,000 -16.0% |
|
| 4/2/2025Source: Regional MLS | $2,500,000 -3.8% |
|
| 12/10/2024Source: Regional MLS | December 10, 2024 |