787 Central BlvdCoquille, OR 97423

Property Details for 787 Central Blvd

Year built

1947

Lot size

1.26 AC

Property size (Sq ft)

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

Latitude

43.1814

Longitude

-124.19

CBSA code

18300

CBSA name

COOS BAY, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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