2116 ADAMS AVE new Save Request In-Person Tour Request Virtual Tour
La Grande,OR 97850
Key Details
Property Type Commercial
Sub Type Hotel Motel
Listing Status Active
Purchase Type For Sale
Square Footage 3,744 sqft
Price per Sqft $320
MLS Listing ID 449051725
Year Built 1950
Annual Tax Amount $4,262
Tax Year 2024
Lot Size 0.290 Acres
Property Sub-Type Hotel Motel
Property Description
This property is located in the heart of downtown LaGrande Oregon on Highway 30. Exceptional investment property that features a 9-unit motel along with a residential home to be used as owner occupancy or on-site manager. The main residence has 2 bedrooms, 1 bath, with many upgrades to the kitchen. Five of the units are equipped with kitchenettes, allowing the guest to have the options of preparing meals. Eash of the 9 motel units range from 200 to 400 square feet in size. Currently 7 out of 9 units are generating a monthly income of $6265.with the remaining 2 units undergoing renovation. This motel is situated right across the street from Safeway and a short distance to restaurants and shopping, parks, Eastern Oregon University, and Grande Ronde Medical Center.
Location
State OR
County Union
Area _440
Zoning LG-GC
Interior
Heating Other
Cooling Wall Unit
Equipment Fixtures,Furniture,SmokeDetector
Exterior
View Mountain
Roof Type Composition
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash,Contract,Conventional
Listing Terms Cash,Contract,Conventional