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Listing provided courtesy of RE/MAX Equity GroupMLS# 24430835MLS Provider
  • 566 days on site
  • 123 views

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

Source: Regional MLS, MLS#: 24430835

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  • Property Type
    Commercial Sale
  • Lot
    5.49 acres

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  • Median Age
    47
  • Population Density
    84
  • College Educated
    34%
  • Estimated Median Income
    $47,575
  • Estimated Total Home Owners
    2,454
  • Estimated Total Renters
    2,246
  • Owner / Renter Divide
    52% / 48%
  • Estimated Average Household Size
    2
  • Total Population
    10,799
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* 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.

Life at 4253 Hwy 101 N

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

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