La Grande, OR 97850,2116 ADAMS AVE
La Grande, OR 97850,2116 ADAMS AVE
La Grande, OR 97850,2116 ADAMS AVE
La Grande, OR 97850,2116 ADAMS AVE
La Grande, OR 97850,2116 ADAMS AVE
La Grande, OR 97850,2116 ADAMS AVE
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Listed by Sunfire Real Estate • sunfirere@gmail.com
$ 1,200,000
Est. payment | /mo

3,744 SqFt


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$ 1,200,000
Est. payment | /mo
Save

3,744 SqFt

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

Regional Multiple Listing Service (RMLS)

GET MORE INFORMATION

agent
Victoria Wriglesworth

REALTOR®

+1(503) 780-6607

9200 SE Sunnybrook Blvd Ste 150, Clackamas, OR, 97015

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2116 ADAMS AVE