Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    109480 Us-97 Chemult, OR 97731

    Sponsored
    For Sale
    $750,000

    Profitable Oregon Motel Near Crater Lake

    Property size:
    6,106 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a well-established motel in Chemult, Oregon, ideally situated along US-97, boasting high visibility and traffic counts of 5,418 AADT. The property encompasses a 1.73-acre lot and features two motel buildings totaling 6,106 square feet, housing 20 rooms equipped with microwaves and mini-fridges. Adding to its appeal is a separate office building with an attached residence, providing additional income potential or owner-operator living space. A four-bedroom house, complete with a full bathroom and kitchen, further enhances the property's versatility. Built in 1973, this property is zoned R5-Rural Residential and offers ample parking for 21 vehicles. Its strategic location near popular ATV, snowmobile, and hiking trails, coupled with its proximity (approximately 30 miles) to the renowned Crater Lake National Park, ensures a consistent stream of tourists and outdoor enthusiasts. The asking price is $750,000, translating to $122.83 per square foot. This presents an appealing opportunity for both owner-users seeking to establish a presence in the hospitality and tourism sector, and investors looking for a strong return on investment in a desirable location. The property's diverse offerings and prime location make it a truly unique and lucrative investment prospect.

    Property Features for 109480 Us-97

    General Information

    Property type
    Motels
    Square Feet
    6,106 SF
    Lot Size
    75,359 SF

    Building Details

    Year Built
    1973
    Buildings
    1

    HighLights

    • Two motel buildings totaling 20 rooms, each with microwave and mini‑fridge.
    • Office building with attached residential unit.
    • Four‑bedroom house with full bath and kitchen.
    • Prime location near ATV, snowmobile, and hiking trails.
    • ~30 miles from Crater Lake National Park.
    • High‑visibility location on Highway 97 with 5,418 AADT.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Map

    City
    Chemult
    County
    Klamath
    State
    Oregon
    Longitude
    -121.7836484
    Latitude
    43.2161792

    Nearby Comparable

    • $295,000
      0.17 Acres

      Chemult Convenience Store with Residence

      Established convenience store with living quarters in Chemult, Oregon.
      109329 The Dalles-California Hwy 97 Hwy, Chemult, OR 97731
      View Details
    • $150,000
      1,410 SF

      High-Visibility Chemult Commercial Property

      Highway 97 frontage, two residential lots. Great investment opportunity.
      109661 Highway 97, Chemult, OR 97731
      View Details
    • $39,000
      0.99 Acres

      Highway Frontage Commercial Land

      Commercial land with highway frontage in Chemult, Oregon.
      109730 Us-97, Chemult, OR 97731
      View Details
    • $100,000
      2.23 Acres

      Chemult Commercial Land For Sale

      2.23 acres of vacant commercial land in Chemult, Oregon.
      108936 Highway 97 N, Chemult, OR 07731
      View Details
    • $299,000
      4.34 Acres

      Chemult Commercial Land on Highway

      4.34 acres of vacant commercial land in Chemult, Oregon.
      201 Highway 97, Chemult, OR 97731
      View Details
    • $2,500,000

      Land for Sale in Chemult

      Land available for purchase in Chemult, Oregon.
      12211 Military Xing Rd, Chemult, OR
      View Details
    • New
      $130,000
      0.46 Acres

      Commercial Land in Crescent, Oregon

      Highway frontage commercial lot in a scenic Oregon community.
      Highway 97, Crescent, OR 97733
      View Details

    Nearby Similar for Sale

    • $295,000
      0.17 Acres

      Chemult Convenience Store with Residence

      Established convenience store with living quarters in Chemult, Oregon.
      109329 The Dalles-California Hwy 97 Hwy, Chemult, OR 97731
      View Details
    • $150,000
      1,410 SF

      High-Visibility Chemult Commercial Property

      Highway 97 frontage, two residential lots. Great investment opportunity.
      109661 Highway 97, Chemult, OR 97731
      View Details

    FAQs

    What type of property is this?
    Motel - Profitable Oregon Motel Near Crater Lake
    Where is this motel located?
    The property is located at 109480 Us-97 Chemult, OR.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Two motel buildings totaling 20 rooms, each with microwave and mini-fridge.; Office building with attached residential unit.; Four-bedroom house with full bath and kitchen.
    Request Owner's contact information
    109480 Us-97 Chemult, OR 97731
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    109480 Us-97
    Chemult, OR 97731
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    109480 Us-97 Chemult, OR 97731
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.