787 Central Blvd Coquille, OR 97423

Property Details for 787 Central Blvd

Year built

1947

Lot size

1.26 lot acres

Property size

9,583 SF

Zone code

C-2

Property type

Bed & breakfasts

APN

27 S 13 W 36 DC 4100

APU

27S13W36DC4100

Description

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.

Location Insight

City

Coquille

County

Coos

State

Oregon

Longitude

-124.19

Latitude

43.1814

CBSA code

18300

CBSA name

COOS BAY, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments