35280 Brooten Rd, Cloverdale, OR 97135
This exceptional investment opportunity presents a unique blend of hospitality and commercial real estate in the desirable Pacific City, Oregon. The property, located at 35280 Brooten Road, boasts a substantial 9,863 square feet building on a generous 38,332.8 square foot lot. Built in 1971, the property includes a 20-room inn, a bar and restaurant ready for revitalization, a convenient office with check-in counter, and a dedicated laundry area. A tranquil back patio offers ample seating, perfect for enjoying the Pacific City climate. The property's prime location places it within easy reach of local shopping, dining, and entertainment. Adding to its potential, a separate buildable tax lot on the southern portion of the property allows for expansion or the development of new projects. The asking price for this multifaceted property is $3,999,900. This coastal gem offers significant potential for growth and return on investment in a highly sought-after Oregon beach community. The property is zoned for commercial, restaurant, storefront, hotel, and bar uses, providing flexibility for future development and operations. The combination of existing income-generating assets and the potential for expansion makes this a truly compelling investment opportunity. The property's location in Pacific City, Oregon, offers unparalleled access to the stunning Oregon coastline and its many attractions.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.