For Sale View Offering Memorandum

Gearhart Ocean Inn

67 N Cottage Ave, Gearhart, OR 97138

Property Stats

GSF5,600
Price/GSF$272.32
TypeHotel/Motel
Sub-typeNot specified
Use TypeNot specified
Lot SizeNot specified
MSANot specified
Year Built1942

Property Details

Property Description

Obvious why this renowned boutique inn with its impeccable
& beautifully appointed 12 units has been featured in Travel
and Leisure Magazine and the NBC Today Show. Pride of
ownership throughout from the returning happy guests who
feel like family, to the lovely lower lawn area, to the majesty of
owners who have loved their time as caretakers of the asset.
Occupancy levels of 45% show room for growth. Call Valerie
Schumann to view (discretion appreciated) - please do not
disturb staff or guests.

Highlights

  • Short walk to shops, restaurants, beach
  • 12 attached cottages
  • Rooms include kitchen or kitchette

Property Map

Additional Information

  • Number of Floors: Not specified
  • Under Construction: No
  • Building Class: Not specified
  • RSF: Not specified
  • USF: Not specified
  • Acres: 0.45

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.