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4253 Hwy 101 N Gearhart, OR $ 2,000,000
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$ 2,000,000 Get more info
4253 Hwy 101 N
$ 2,000,000
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Share Save

4253 Hwy 101 N

Gearhart, OR, 97138
$ 2,000,000
Bedrooms-- Baths-- Sq 15,939

Monthly Estimate*

$ 12,477

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Commercial Property for sale in Gearhart, OR

for $2,000,000. This 15,939 square foot building was built in 1985 on a lot size of 5.49.

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

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Commercial Active

Price

$ 2,000,000

Property Type

Commercial

Taxes

$ 16,310

Style

HotelMotel

Lot Size

5.49

Year Built

1985

Town/City

Gearhart

County/Region

Clatsop

MLS | Web ID

24430835
Features
General
Sewer SandFiltered SepticTank
Heating WallHeater
Cooling None
Roof Flat Membrane
Zoning C2
Construction Materials CrawlSpace ShakeSiding WoodFrame
Year Built 1985
Sale Includes Building Business InventoryIncluded
Stories Count 2
Property Subtype HotelMotel
Tax Year 2024
Current Use HotelMotel
Parcel Number Not Found
Gross Income 300000.0
Business Name The Windjammer Inn LLC
County Clatsop
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions HWY 101 N TO GEARHART TO PROPERTY
City Gearhart
MLS Area _183
Lot Size Square Feet 239144.0
Listing Terms Cash Conventional
Tax Annual Amount 16310.36
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description Parcel 1 of PARTITION PLAT NO. 1995-022; TRACT A COTTONWOOD PARK
Year Established 1988
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Exterior
Road Frontage 217
Parking Features OnSite
Water Source PublicWater
Total Parking 77.0
Number of Buildings 2
Building Area Total 15939.0
Lot Size Acres 5.49
Road Surface Type Paved
Other Equipment Fixtures Furniture SecuritySystem SmokeDetector
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Internal Only
Street Number 1 4253
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* Excluded Features
List By
Re/Max Equity Group

Broker

mkelly@equitygroup.com

Email

Affordability Calculator

$13,837
Per Month
90%
10%
0%
Monthly Principal & Interest
$12,477
Monthly Property Taxes
$1,359
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/13/2025$2,000,000 -4.76% Price Down
6/16/2025$2,100,000 -16.00% Price Down
4/2/2025$2,500,000 -3.85% Price Down
12/10/2024$2,600,000 Listed Price

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4253 Hwy 101 N, Gearhart, OR, 97138 is a Commercial Property for sale at $2,000,000 with 15,939 sqft and a lot size of 5.49. 4253 Hwy 101 N was built in 1985. The property's zip code is 97138 which is in Gearhart, OR

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