Bought with Rob Trost Real Estate LLC
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5105 CRAB AVE Netarts, OR 97143
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Key Details
Sold Price $3,300,000
Property Type Commercial
Sub Type Hotel Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 11,775 sqft
Price per Sqft $280
MLS Listing ID 22514764
Sold Date 07/08/22
Year Built 1960
Annual Tax Amount $16,964
Tax Year 2021
Lot Size 1.080 Acres
Property Description
BEACHFRONT 1.08 acre, long established motel with direct beach access and panoramic ocean view. 2 delis within a block. Decades of good management contribute to long list of return customers. 26 motel units, incl 6 cabins; plus 1480 sq ft 2story house, plus separate laundromat & garage. Abundant parking. Office & storage. This is Netarts' "anchor." Quiet community, just 65 miles to Portland. Rent crabbing boats & kayaks nearby. Clamming at low tide. Financials available with non-disclosure agrmt
Location
State OR
County Tillamook
Area _195
Zoning Cmrcl
Interior
Heating Baseboard
Exterior
Waterfront Description BayFront
View Bay, Ocean
Roof Type Composition,Metal
Garage No
Building
Story 3
Sewer Public Sewer
Water Public Water
Level or Stories 3
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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