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James Hauge

jamesh@legacyre.com +1(503) 877-2101

$ 2,890,000

Est. payment -/mo

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35280 Brooten RD Pacific City, OR 97135

24 Baths

9,863 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 9,863 sqft

Price per Sqft $293

MLS Listing ID 26-1032

HOA Y/N No

Year Built 1975

Annual Tax Amount $12,313

Tax Year 2025

Lot Size 0.680 Acres

Acres 29620.8

Property Sub-Type Hotel/Motel

Source Oregon Coast Multiple Listing Service

Property Description

Pacific City Inn - Coastal Value-Add Hospitality Investment Located in the highly sought-after coastal market of Pacific City, the Pacific City Inn presents a rare opportunity to acquire a performing hospitality asset with below-market revenue capture in a market defined by strong tourism demand and limited commercial inventory. Just blocks from the beach and near iconic destinations such as Cape Kiwanda, the property is ideally positioned to capture consistent year-round leisure traffic. As the first motel/inn encountered when entering Pacific City, the property benefits from a highly visible location directly off the main road into town, with easy pull-off access and prominent on-site parking. Offered at $2,890,000 with a 6.5% cap rate for 2025 and a 3 year average cap rate of 4.6%, with approximately 50% average annual occupancy in 2025, the asset offers a clear path to increased NOI through operational improvements, strategic marketing, and revenue management. The property features 19 guest rooms across three separate buildings, totaling 9,863 square feet, creating flexibility for phased upgrades, repositioning, or branding enhancements. The asset is further differentiated by its multiple additional revenue opportunities and on-site amenities. A fully furnished commercial kitchen and dining area provides immediate potential for lease income or an in-house food and beverage concept, while an existing bar/lounge area would enhance guest experience and incremental revenue. Operational infrastructure includes a full on-site laundry facility and a dedicated manager's apartment, supporting efficient day-to-day management and reduced overhead. Guests benefit from a welcoming outdoor space designed for relaxation and gathering, aligning with the Pacific Northwest lifestyle and encouraging extended stays. Additional green space to the south of the buildings provides further flexibility, with potential for expanded guest amenities, additional parking, or storage--offering yet another avenue to enhance both operations and overall guest experience. The property also backs directly to the Pacific City Airstrip, offering unique accessibility and niche appeal for private and charter travelers--an uncommon feature in coastal hospitality assets.

Location

State OR

County Tillamook

Zoning PCW-C2 Pacific City Community Commercial

Direction Head North on 101. Take exit for Pacific City. Follow Brooten Rd to Poperty

Rooms

Other Rooms Shed(s)

Interior

Heating Electric, Zoned

Cooling None

Flooring Laminate, Tile, Vinyl

Furnishings Furnished

Window Features Blinds,Double Pane Windows,Drapes

Laundry Gas Dryer Hookup

Exterior

Fence Chain Link, Wood

Utilities Available Electricity Connected, Sewer Connected, Water Connected, Other

View Other

Roof Type Composition,Membrane

Garage No

Building

Lot Description Level

Story 2

Foundation Block

Water Public

Level or Stories 2

Others

Tax ID 231001R

Special Listing Condition Standard

Lincoln County MLS Oregon / OREGON COAST MLS

Listed by Premiere Property Group, LLC (Newport)

NEARBY SCHOOLS & PROPERTIES

James Hauge

Principal Broker | License ID: 200107093

+1(503) 877-2101

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