4430 Highway 101Lincoln City, OR 97367

  • Hotels
  • 38,876 SF
For Sale
$6,900,000 View listing

Property Details for 4430 Highway 101

Year built
1993
Construction
WOOD
Lot size
1.63 AC
Property size (Sq ft)
38,876 SF
Zone code
G-C;GENERAL COMMERCIAL
Property type
Hotels
Property subtype
Motels
APN
07-11-27-DB-00500-00
APU
071127DB0050000

Description

Exceptional investment opportunity: a 62-key Best Western Plus hotel in Lincoln City, Oregon. This three-story, interior-corridor property boasts 38,876 square feet on a 71,103 square foot lot (APN: 074-11-27-DB-00500), situated at 4430 SE Hwy 101, Lincoln City, OR 97367. Built in 1993, the property features two buildings and offers stunning bay views from the majority of its king and queen-bedded guest rooms, many with balconies. Amenities include an indoor pool. The hotel recently received a "Director's Award" for top-tier cleanliness, maintenance, and customer service. Its General Commercial (G-C) zoning provides flexibility. Located just five miles from Chinook Winds Casino, which offers a complimentary weekend shuttle and various year-round entertainment, this hotel presents a strong return on investment potential, priced well below replacement cost. The asking price is $6,900,000 ($177.49/sq ft). This coastal gem offers a unique blend of comfort, convenience, and lucrative investment potential. The property is zoned for General Commercial use.

4430 Highway 101, Lincoln City, Oregon

Location Insight

City
Lincoln City
County
Lincoln
State
Oregon
Latitude
44.9326
Longitude
-124.02
CBSA code
35440
CBSA name
NEWPORT, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$60,499
-
-
$3,542,990
-
$1,126,980
$4,848,660
$5,975,640

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