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    Gearhart, OR
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    Gearhart, OR Motels for Sale

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    Seaside, OR Warrenton, OR Cannon Beach, OR Astoria, OR Hammond, OR Arch Cape, OR Chinook, WA Elsie, OR
    Gearhart Motel on Hwy 101
    Updated: Dec 11, 2024
    Gearhart Motel on Hwy 101

    4253 Hwy 101 N, Gearhart, OR 97138

    $2,000,000
    15,939 sqft 5.49 AC lot
    Prime Hwy 101 frontage (217sf) in Gearhart, OR, offering excellent exposure.
    5.49 acres of land zoned C2 for Commercial/Residential use, providing versatile development opportunities.
    Operating motel with 25 rental units (5 two‑bedroom, 20 one‑bedroom with kitchenettes) generating income.
    Includes a 3623sf storage building and 77 parking spaces.
    Approximately 1/2 mile from the beach.
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    This listing looks promising.

    Here's a quick look at some key insights for

    4253 Hwy 101 N, Gearhart, OR 97138

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    • Est. Cap Rate

      4.8%
      NOI ÷ price

    • Est. NOI

      $97K
      Annual

    • Price @ 7% Cap

      $1.38M
      Suggested

    • Property Type

      Motel
      Built 1950
    View Property Analytics
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Gearhart, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Motel For Sale
    Motel For Sale

    815 Main Avenue, Tillamook, OR 97141

    $2,500,000
    9,968 sqft

    Motel property for sale on Main Avenue in Tillamook, located near Highway 101 between 8th and 9th streets.

    View details
    Operating Motel with Manager Residence
    Operating Motel with Manager Residence

    11324 NE SANDY Blvd, Portland, OR 97220

    $2,700,000
    0.71 AC lot

    Operating 24-unit motel with an on-site office and a 4-bedroom, 2-bath manager residence for owner-operators.

    View details
    Tillamook Turn-Key Inn and Cafe
    Tillamook Turn-Key Inn and Cafe

    815 Main Avenue, Tillamook, OR 97141

    Contact for pricing
    9,968 sqft

    Well-loved Tillamook motel and cafe with 22 rooms.

    View details
    Capitol Hill Motel For Sale
    Capitol Hill Motel For Sale

    9110 SW Barbur Blvd, Portland, OR 97219

    Contact for pricing
    5,522 sqft

    Well-maintained motel in Multnomah Village with conversion potential.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Recreational Land for Sale
    Waterfront Recreational Land for Sale

    North Bend, OR 97459

    $375,000
    3.22 AC lot

    3.22 acres of recreational land with bay frontage.

    View details
    One Acre Land in Bandon
    One Acre Land in Bandon

    Seabird, Bandon, OR 97411

    $475,000
    1.00 AC lot

    One acre of commercial land with vacation rental potential.

    View details
    Two Commercial Parcels in Gasquet
    Two Commercial Parcels in Gasquet

    8220 US Highway 199, Gasquet, CA 95543

    $180,000
    2.10 AC lot

    Two one-acre commercial parcels, utilities available, development potential.

    View details
    Commercial Land with Geothermal Hot Springs
    Commercial Land with Geothermal Hot Springs

    MINERAL HOT SPRINGS Highway, Jackpot, NV 89825

    $850,000
    223.58 AC lot

    223.58-acre parcel on the west and east sides of US Hwy 93, with geothermal water and commercial zoning on the east side.

    View details

    Off-Market Properties in Gearhart, OR

    Consider similar Off-Market properties in Gearhart, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4253 Hwy 101st N
    MOTEL

    4253 Hwy 101st N, Gearhart, OR 97138-4334

    Value Estimation by Request
    2.22 AC lot
    View details

    Gearhart, OR Motels Market Trends and Statistics

    Explore 2 motels for sale in Gearhart, OR on our real estate platform. These investment opportunities span a total of 15,939 square feet of properties for sale, with an estimated market value of $2,000,000.

    Sale prices for motels in Gearhart, OR average $2,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +13.9%
    Median Household Income $51,993
    College Educated 37.4%

    Listings Trend

    New vs delisted commercial listings in Clatsop County

    New Delisted

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