Three Capes Lodge Bed and Breakfast Start-up Opportunity

Property Address: 1410 Sunset Ave. / PO Box 423
Oceanside, OR 97134
Contact: Pam Zielinski, Principal Broker
Berkshire Hathaway Home Services NW Real Estate
1355 Phelps St, POB 193
Netarts, OR 97143
Contact Email: pzielinski@bhhsnw.com
Contact Telephone: 1-503-880-8034
Contact Toll-free: n.a
Contact Fax: n/a
Property URL: https://1410SUNSETOceanside.bhhsnw.com
Virtual Tour: https://my.matterport.com/show/?m=KbKhnNYrQiZ&brand=0
Date Business Established: Prospective
Trade Association Affiliations: n/a
Financials Verified: Yes

Area Description: Oceanside is a tiny and picturesque waterfront hamlet just 70 miles from Portland, Oregon, and 7 miles from Tillamook, Oregon, home of Tillamook Cheese and world-class fishing venues. People come here for serene and beautiful beaches, crabbing, clamming, and fishing.

Site Description: Neighborhood setting, just yards to restaurants and 3-mile long sandy beach. Spectacular ocean view includes Three Arch Rocks wildlife preserve. The home has a small fenced, private yard with a firepit.

Structural Description: Perfect layout for B&B with a full suite of accessible rooms on the ground floor with a separate entrance, perfect for the owner/operator. Elevator for 1st three floors. The top floor is an oceanview gallery with wet bar. The middle floor has an open great room/dining/kitchen and a powder room. The kitchen is very large, with granite counters, tile flooring, and a pantry. The living room is large with a propane fireplace. One floor above the living area you’ll find a common sitting area dividing two large ensuite oceanview bedroom suites. Mahogany floors, jetted tubs, large windows, glorious ocean view. Home is 5,275 square feet, 4 bedrooms 3.5 bathrooms, and built in 2004. 3 furnaces offer zonal heating.

Offering: JUST REDUCED! For sale at  $1,850,000 $1,575,000.

Occupancy %: TBD
Average Daily Rate: TBD
Income from Room Sales: TBD
Property Taxes: $7,621.98
Electric: $2,000 est.
Water & Sewer: $1,700 est.
Natural Gas/Propane: $300 est.
Insurance: $2,400 est.