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This Hospitality Property is no longer advertised on LoopNet.com.

100 Main St
Klamath Falls, OR 97601

Cerulean Hotel · Hospitality Property For Sale · 68,750 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class B
Lot Size 2.49 AC
Building Size 68,750 SF
No. Stories 1
Year Built/Renovated 1962/2022
Parking Ratio 1.89/1,000 SF
Corridor Exterior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi

About 100 Main St , Klamath Falls, OR 97601

The Hotel is a mid scale modern boutique 81 rooms outdoor corridor hotel features relaxing and comfortable rooms, outdoor swimming pool, hot tub, business center, gift shop, bicycle rental and fitness center. The premises has three street frontage with a restaurant (not included in sale). The price indicates $64,815 per door and replacement cost of this hotel is +/-13 million. The hotel can be flagged with better management to increase revenue and net profit. The property is easy access downtown and off freeway. The city is designated as 'blue zone' with a college, a great hospital and a 18 holes Arnold Palmer Signature golf course resort for out of town visitors. The property provides big upside for revenue increase and growth. The construction is solid high quality bricks and most rooms are huge: King, Single King Suite, 3-bedroom suite, double queen room, Lake Ewauna Suite and one apartment for various accommodation. The property has been continuously updated in great condition.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R476229
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,066,970

zoning

Zoning Code commercial
commercial
  • Listing ID: 17350148

  • Date on Market: 10/2/2019

  • Last Updated:

  • Address: 100 Main St, Klamath Falls, OR 97601

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