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787 Central Blvd Coquille, OR 97423

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For Sale
$1,495,000

Established 26-room motel with manager's apartment.

Property size:
10,542 SF

Property Features for 787 Central Blvd

General Information

Property type
Other commercial real estate
Square Feet
10,542 SF
Lot Size
54,886 SF

Building Details

Year Built
1947

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Listing Contact
Belinda Mace

Listing Agency: Johnson Group Real Estate, LLC Listing Agent: Belinda Mace

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a well-maintained 26-guest room motel situated on a 1.26-acre lot in the charming town of Coquille, Oregon. The property boasts a substantial 10,542 square feet of space, including a spacious three-bedroom, two-bathroom apartment ideal for an on-site manager or owner. This established business enjoys a strong rental history, demonstrating consistent profitability. Recent upgrades significantly enhance the property's appeal and functionality. These improvements include updated flooring throughout, a new natural gas connection, and thematically designed guest rooms featuring a variety of captivating themes such as patriotic, wildlife, forest, floral, and even Sasquatch! Many rooms feature upgraded furniture, including attractive chest hide-away extra beds and new granite countertops. The sale includes new reservation and management software, streamlining operations and enhancing efficiency. A comprehensive security system is also in place, ensuring the safety and security of guests and property. A large reader board sign provides excellent visibility and generates additional income streams. Priced at $1,495,000, this turnkey operation offers a compelling return on investment and a unique opportunity to own a thriving small-town business with significant growth potential. The property's strong history, recent upgrades, and attractive location make it an exceptional investment opportunity.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Myrtle Lane Inn Hotel & Motel

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Coquille
County
Coos
State
Oregon
Longitude
-124.1896
Latitude
43.18112

FAQs

What type of property is this?
Commercial real estate - Established 26-room motel with manager's apartment.
Where is this commercial real estate located?
The property is located at 787 Central Blvd Coquille, OR.
What is the asking price?
The asking price for this property is $1,495,000.
More about this property
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