580 Marine Dr - Hospitality FOR SALE


Wheeler, OR 97147
$2,499,000 USD
503-358-8910
580 Marine Dr, Wheeler, OR for Sale
$2,499,000 USD
Hospitality - FOR SALE
1/47
null | Request Cap Rate

580 Marine Dr
Wheeler, OR 97147


OVERVIEW

This rare gem offers more than just a business opportunity; it provides a lifestyle change. Imagine waking up each morning to the serene sounds of The Nehalem Bay, with the gentle lapping of the river and the distant calls of seabirds. Each room is tastefully decorated with coastal-inspired furnishings, creating a serene retreat that complements the natural beauty of the surroundings. Additionally, the property offers high-speed internet access and modern amenities to cater to the needs of all visitors, whether they're on a relaxing getaway or a business trip. Your guests will relish the unique blend of comfort and adventure, from evenings by their fireplaces, hanging out on the private deck, Kayaking in the Bay to days exploring the nearby trails and beaches and enjoy mixing with the local community which is known for its warm hospitality and laid-back coastal living. This unique bed and breakfast is not just a place to stay; it’s an experience that captures the essence of coastal living. Whether you're looking to invest in a work/live opportunity or simply longing to own a peaceful retreat, this unique Lodge on The Nehalem Bay River presents an unparalleled opportunity. 11 Guest rooms 9- Studios, 1-2/1, 1-3/2 and one apartment. 20 plus parking spaces. Access for guests to Moor their boats, fish and kayak. Boat/trailer parking

FOR SALE DETAILS

PRICE

$2,499,000 USD

PRICE/SF

$175 USD /SF

# OF ROOMS

12

PRICE/ROOM

$208,250 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wheeler On The Bay Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1948

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

WRC

APN/PARCEL ID

2N1002BC03800A1,R0002892

ASK ABOUT THIS PROPERTY

Stacey NelsonThe Real Estate FirmMore Info
503-358-8910

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Stacey NelsonThe Real Estate FirmMore Info
503-358-8910

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.