Commercial for Sale: 1175 2nd St SE, Bandon, OR 97411

3,680 sqft
$1,900,000
$1,900,000
1175 2nd St SE, Bandon, OR 97411
3,680 sqft
$1,900,000
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Price:
$1,900,000
$200,000 - 06/20/2024

Type Commercial
Square Feet 3,680 sqft
Lot Size 1.13 acres
Year Built 1949
Taxes Paid $4,340

City Bandon
Area 260 - Coos County
County Coos

MLS 23379163
Status Active
DOM 386 days
Updated, redesigned, rebranded in 2022, this chic boutique motel and RV park is a profitable, turnkey operation that's immaculately packaged and ready for new ownership. b.side motel+rv has 10 rooms(w/baths)that have been individually curated with a well-appointed mix of modern and vintage. Rooms are comfortable and clean with exceptional amenities, including premium mattresses/ linens, refrigerators, microwaves, TVs, and Wi-Fi. There is also a recently updated manager's unit with 2 bedrooms, 2 baths, and full kitchen, offering flexibility for on-site manager or as additional rental. A fully outfitted housekeeping facility behind motel with everything needed to operate daily.The RV park is known for its ambiance, attracting both long and short-term guests with lighting, greenery, and quiet, safe accommodations. 8 RV spaces fit rigs ranging from 21-38 ft, with full hookups, sewage, and water. 2 campsites fit for tent/car camping are also available. 2 single-user guest-only RV bathrooms include coin-op laundry.The property is the only 100% dog-friendly motel in Bandon, creating add'l revenue. The property is encircled by tall trees with outdoor spaces for guests. Convenient to local amenities, including Old Town Bandon, the beach, and championship golf at Bandon Dunes. An automated, secure self-check in system makes a full-time onsite manager unnecessary. Majority of guests book online, facilitating a low friction guest experience. Website and growing social media presence build guest satisfaction and loyalty. Technology updates enhance efficiency and allow for extensive access to customer data. Since rebranding, occupancy and revenue have grown significantly. Customer reviews are excellent, the highest-rated motel in Bandon on Google. The business returns a 8.5% cap rate based on the list price of $1,900,000. All marketing, guest management, housekeeping, maintenance, overall operations, furnishings and equipment convey. Excellent value in a booming destination.

Virtual Tours for 1175 2nd St SE Bandon, OR

Lot & Building Features

Construction Block, Wood Frame, Stucco
Heating Zoned
Parking Description On Site
Sewer Public Sewer
Water Public Water

Price History of 1175 2nd St SE, Bandon, OR

Date Name Price Difference
06/20/2024 Price Adjustment $1,900,000 9.52%
04/29/2024 Price Adjustment $2,100,000 10.64%
09/27/2023 Listing Price $2,350,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 1175 2nd St SE, Bandon, OR

Location Map Street View
Photo of Bob Blades
Bob Blades
REALTOR, Managing Broker
Direct: 541-490-0690
Office
65 NE Estes
White Salmon, WA 98672
509-493-1783
Listed by Coastal Sotheby's International Realty, Hunter Finch
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1175 2nd St SE (MLS #23379163) is a commercial listing located in Bandon, OR. This commercial listing is 3,680 sqft and on a lot of 49,222 sqft (or 1.13 acres) and is 75 years old. This property was listed on 09/27/2023 and has been priced for sale at $1,900,000.

RMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Coastal Sotheby's International Realty

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS. of Portland, Oregon. Real estate listings held by brokerage firms other than Pacific Rim Brokers are marked with the RMLS. logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 RMLS., Portland, Oregon.