817-847 Exchange St Astoria, OR 97103

Property Details for 817-847 Exchange St

Year built

1852

Lot size

0.22 lot acres

Property size

5,835 SF

Property type

Hospitality properties

Description

This exceptional turn-key investment opportunity presents two historic buildings totaling 5,835 square feet on a 0.22-acre lot in Astoria, Oregon. The property, located at 817-847 Exchange Street, boasts a Walk Score of 85 and comprises two meticulously restored buildings dating back to 1852 and 1888, with renovations continuing to the present. The main house, circa 1888, features six bedrooms and 6.5 bathrooms, offering owner's quarters (1,352 sq ft with a chef's kitchen, two bedrooms, and 2.5 baths) and three guest suites (948 sq ft) with private entrances. A lower level (988 sq ft) includes laundry facilities and an additional bedroom and bath. The second building, circa 1852, offers three fully equipped rental units, each with private entries, kitchens, and bathrooms, providing flexibility for short-term or long-term rentals. These units include the Moose Lodge Suite (2 bedrooms, 2 baths), the Riverview Loft (1 bedroom, 2 baths), and the Roseville Suite (1 bedroom, 1 bath). The property is zoned C4 Commercial and is sold fully furnished, presenting a rare opportunity to acquire a thriving, established business in a desirable location. The buildings are situated in the heart of Astoria, offering captivating views of the downtown area, the Columbia River, and the Flavel House Museum. This property represents a unique blend of history, charm, and lucrative income potential.

Location Insight

City

Astoria

County

Clatsop

State

Oregon

Longitude

-123.834

Latitude

46.1877