127 Pacific Ave
Glendale OR 97442
The only motel in Glendale, Oregon is for lease! This 16 unit property has recently been updated and is ready for you. Located in Central Oregon’s Rogue River Recreation Area, rafting, kayaking, hiking, and outdoor sports are just out the door. This property is about eight miles from the I-5 freeway, 11 miles from Merlin, Oregon (home of several rafting companies), and 20 miles from Grants Pass. There are grocery stores, bars/restaurants, and other attractions in the scenic community of Glendale. In addition, there are multiple industrial companies (trucking, mill, wood treatment) in the area that have traditionally leased rooms for the exclusive use of their employees. There is a ready-made, year-round client base in this town. There are 15 motel rooms, including one ADA. Each has individual A/C units. There is also a 16th room, which would most commonly be used as the office. This space has a kitchen and bathroom, as well as a front desk area. Three rooms are currently established and being rented through Airbnb and our property management company. These rooms have beds, bedding, towels, TV, coded entry locks, etc. While these items are not automatically included in the monthly rent, they are available for lease or purchase.There is plenty of off-street parking in the attached lot. The rooms have recently been updated with durable, easy-to-clean flooring, new paint, and new bathrooms. There is also a deli/restaurant space available for lease on the property. We are looking for an operator to lease for 3-5 years. Tenant will provide beds, bedding, supplies, etc. This property is zoned for transient housing only (hotel/motel use). With 15 rooms earning just $200 per week, the gross income would be $12,000/month. Depending on nightly rates, that could be just two nights of occupancy per week. This is an amazing opportunity for someone who wants to step into the hospitality business without the expense of purchasing a property.
2787 Olympic St. Suite 5 Springfield, Oregon 97477