Wheeler On The Bay Lodge 580 Marine Dr 12 Room Hotel Wheeler, OR 97147 $2,499,000 ($208,250/Room)






EXECUTIVE SUMMARY
This rare gem offers more than just a business opportunity; it provides a lifestyle change. Imagine waking up each morning to the serene sounds of The Nehalem Bay, with the gentle lapping of the river and the distant calls of seabirds. Each room is tastefully decorated with coastal-inspired furnishings, creating a serene retreat that complements the natural beauty of the surroundings. Additionally, the property offers high-speed internet access and modern amenities to cater to the needs of all visitors, whether they're on a relaxing getaway or a business trip. Your guests will relish the unique blend of comfort and adventure, from evenings by their fireplaces, hanging out on the private deck, Kayaking in the Bay to days exploring the nearby trails and beaches and enjoy mixing with the local community which is known for its warm hospitality and laid-back coastal living. This unique bed and breakfast is not just a place to stay; it’s an experience that captures the essence of coastal living. Whether you're looking to invest in a work/live opportunity or simply longing to own a peaceful retreat, this unique Lodge on The Nehalem Bay River presents an unparalleled opportunity.
11 Guest rooms 9- Studios, 1-2/1, 1-3/2 and one apartment.
20 plus parking spaces. Access for guests to Moor their boats, fish and kayak. Boat/trailer parking
11 Guest rooms 9- Studios, 1-2/1, 1-3/2 and one apartment.
20 plus parking spaces. Access for guests to Moor their boats, fish and kayak. Boat/trailer parking
PROPERTY FACTS
Price | $2,499,000 |
Price Per Room | $208,250 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 0.47 AC |
Building Size | 14,290 SF |
No. Rooms | 12 |
No. Stories | 2 |
Year Built/Renovated | 1948/2010 |
Parking Ratio | 3.92/1,000 SF |
Corridor | Exterior |
AMENITIES
- High Speed Internet Access
- Patio
- Marina
- Public Access Wifi
- Smoke-Free
- Multi-Room Suites
ROOM MIX INFORMATION
DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
---|---|---|---|
Suite | 2 | $244.00 | - |
Guest Room | 10 | $159.00 | - |
1 of 1
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $386,280 | |
Land Assessment | $115,390 | Total Assessment | $501,670 |
ZONING
Zoning Code | WRC |