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29-Unit Exterior-Corridor Motel

1010 8th St Myrtle Point, OR 97458

New
1010 8th St, Myrtle Point, OR, 97458
$2,695,000
For Sale
$2,695,000

Exterior-corridor motel with 28 guest rooms plus an owner/manager residence, set on Highway 42 with wetlands views.

Days on Market3

Property Features for 1010 8th St

General Information

Standard status
Active
Property subtype
Hospitality

Building Details

Year Built
1966
Listing agency
Listed by Brian Resendez, CCIM · License #OR #200406154
Source Svn
Added: Jul 19 Updated: Jul 20 at 3:10AM Checked: Jul 21 at 6:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brian Resendez, CCIM


Investment Insights

Based on property information with market context.

Myrtle Trees Motel is a 2-story exterior-corridor, independent motel built in 1966, with a new roof installed in 2017. The property features 28 rentable guest rooms and an extensive 4bd/3ba owner/manager’s residence (~2,147 SF), along with on-site surface parking and a scenic gazebo. The motel also overlooks Coquille wetlands.

Situated along the Highway-42 gateway corridor in Myrtle Point, Oregon, the site is positioned to capture coast-bound leisure traffic on the primary connector between I-5 at Roseburg and the Oregon South Coast. The property is described as the only motel in Myrtle Point, providing a lack of direct in-town competition.

An adjoining tax lot under the same ownership includes eight legally platted lots of record, adding roughly 0.95 acres of additional development land, including adjoining vacated street right-of-way. The listing notes consistently top-rated guest feedback, with reported TripAdvisor and Google ratings of 4.6 and 4.5 respectively, and conveys fully unencumbered.

Key Highlights

  • Myrtle Trees Motel: 29‑unit independent motel with 28 rentable guest rooms plus a 4BD/3BA owner/manager residence (~2,147 SF).
  • Built in 1966; new roof installed in 2017.
  • 2‑story exterior‑corridor motel on 3.39 ± acres along the Highway 42 gateway corridor with Coquille wetlands overlook.

Property Analytics

Location Intelligence

Current Use by Public Records

Myrtle Trees Motel Hotel & Motel

Suggested Use

Real Estate Agency Dental Office Building Supply Law Firm Hair Salon Spa & Massage Center Pharmacy Restaurant Nail Salon Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Myrtle Trees Motel — 1010 8th St, Myrtle Point, OR 97458

FAQs

What type of property is this?
Motel - Exterior-corridor motel with 28 guest rooms plus an owner/manager residence, set on Highway 42 with wetlands views.
Where is this motel located?
The property is located at 1010 8th St Myrtle Point, OR.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: Myrtle Trees Motel: 29‑unit independent motel with 28 rentable guest rooms plus a 4BD/3BA owner/manager residence (~2,147 SF).; Built in 1966; new roof installed in 2017.; 2‑story exterior‑corridor motel on 3.39 ± acres along the Highway 42 gateway corridor with Coquille wetlands overlook.
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