Craig Warmouth

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of RE/MAX Equity Group- MLS# 24430835MLS Provider

4253 Hwy 101 NGearhart, OR 97138

Commercial · 15,939 Sq. ft. | 5.49 Acres
$2,000,000 Active

4253 Hwy 101 N Overview

Time on Site:
567 days
Visits:
123

A unique and versatile property with 217sf of prime frontage on Hwy 101 in Gearhart, OR. This property has excellent exposure characteristics and operates as a Motel. Located on 5.49 acres (2 tax lots) which includes a 3623sf storage building, 77 parking spaces and is approximately 1/2 mile from the beach. Thisproperty is zoned C2 for Commercial / Residential use. There are 25 units rented nightly, weekly, Bi-weekly or monthly. This is comprised of five 2 bedroom units and 20 one bedroom units all with kitchenettes, an on-site coin-op laundry all with a Mid-Century Modern flare decor. Possibilities are endless. Buyers are encouraged to conduct their own due diligence. TAX ID's 61003BA00900 & 61003BA00800

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

4253 Hwy 101 N Facts & Features

  • Type Commercial
  • Sq. ft. 15,939
  • Price/Sq.ft. $125
  • Lot 5.49 Acres

Details

General

Income/Expenses

  • Gross Income: 300000.0
  • Operating Expense: 0

Building Information

  • Year Built: 1985
  • Year Established: 1988

Business Information

  • Business Name: The Windjammer Inn, LLC
  • Current Use: Hotel/Motel

Location/Region

  • Country: US
  • County Or Parish: Clatsop
  • MLS Area Major: 183 - Clatsop Co: Gearhart East

Tax Information

  • Tax Annual Amount: 16310.36
  • Tax Year: 2024

General Information

  • Inclusions: Building,Business,InventoryIncluded
  • Listing Terms: Cash,Conventional
  • Parcel Number: Not Found
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Hotel/Motel
  • Property Type: Commercial Sale
  • Zoning: C2

Interior

Building Interior

  • Building Area Total: 15939.0

General Information

  • Cooling: None
  • Heating: Wall Heater
  • Other Equipment: Fixtures,Furniture,Security System,Smoke Detector
  • Stories: 2

Exterior

Parking Information

  • Parking Features: On Site
  • Parking Total: 77.0

Lot Information

  • Lot Size Acres: 5.49
  • Lot Size Square Feet: 239144.0
  • Number Of Buildings: 2
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Crawl Space,Shake Siding,Wood Frame
  • Roof: Flat,Membrane

General Information

  • Road Frontage Type: 217
  • Sewer: Sand Filtered,Septic Tank

4253 Hwy 101 N Neighborhood

Community

97138 (Seaside) Demographics

47
Median Age
84
Population Density (per sq. mile)
34%
College Educated
$47,575
Estimated Median Income
2,454
Estimated Total Home Owners
2,246
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4253 Hwy 101 N Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4253 Hwy 101 N Market Data

Based on the last 30 days in this zip code

$805,621
Average List Price
$394
Average Price per Square Foot
20
Properties Sold
100
Average Days on Market
218
Properties for Sale
Calculations provided by Reliance Network

4253 Hwy 101 N History

Date Event Value Agent
11/13/2025Source: Regional MLS Price Reduction
$2,000,000 -4.8%
6/16/2025Source: Regional MLS Price Reduction
$2,100,000 -16.0%
4/2/2025Source: Regional MLS Price Reduction
$2,500,000 -3.8%
12/10/2024Source: Regional MLS Added to Database
December 10, 2024