$2,890,000
Pacific City, OR 97135
MLS# 26-1032
24 baths | 9863 sqft

1 / 66
Property Description
Pacific City Inn - Coastal Value-Add Hospitality Investment Located in the highly sought-after coastal market of Pacific City, the Pacific City Inn presents a rare opportunity to acquire a performing hospitality asset with below-market revenue capture in a market defined by strong tourism demand and limited commercial inventory. Just blocks from the beach and near iconic destinations such as Cape Kiwanda, the property is ideally positioned to capture consistent year-round leisure traffic. As the first motel/inn encountered when entering Pacific City, the property benefits from a highly visible location directly off the main road into town, with easy pull-off access and prominent on-site parking. Offered at $2,890,000 with a 6.5% cap rate for 2025 and a 3 year average cap rate of 4.6%, with approximately 50% average annual occupancy in 2025, the asset offers a clear path to increased NOI through operational improvements, strategic marketing, and revenue management. The property features 19 guest rooms across three separate buildings, totaling 9,863 square feet, creating flexibility for phased upgrades, repositioning, or branding enhancements. The asset is further differentiated by its multiple additional revenue opportunities and on-site amenities. A fully furnished commercial kitchen and dining area provides immediate potential for lease income or an in-house food and beverage concept, while an existing bar/lounge area would enhance guest experience and incremental revenue. Operational infrastructure includes a full on-site laundry facility and a dedicated manager's apartment, supporting efficient day-to-day management and reduced overhead. Guests benefit from a welcoming outdoor space designed for relaxation and gathering, aligning with the Pacific Northwest lifestyle and encouraging extended stays. Additional green space to the south of the buildings provides further flexibility, with potential for expanded guest amenities, additional parking, or storage--offering yet another avenue to enhance both operations and overall guest experience. The property also backs directly to the Pacific City Airstrip, offering unique accessibility and niche appeal for private and charter travelers--an uncommon feature in coastal hospitality assets.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2026-04-20
Tax & Legal
Business Name: Pacific City Inn
CC&R's: No
Currently Not Used
Association YN: No
Interior
Furnished: Furnished
Above Grade Finished Area: 9863
Living Area: 9863
Bathrooms Total: 24
Building
Year Built Source: Assessor
Year Built Details: Buildings built 1971, second one 1975
Accessibility Features YN: No
Number Of Buildings: 3
Year Built: 1975
Stories Total: 2
Lot
Water Body Access YN: No
Accessory Dwelling Unit YN: No
View YN: Yes
Lot Size Acres: 0.68
Lot Size Square Feet: 29620.8
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Other: 1
Appliances
Dishwasher: 1
Dryer: 1
Gas Oven: 1
Ice Maker: 1
Microwave: 1
Propane Range: 1
Refrigerator: 1
Washer: 1
Water Heater: 1
Building and Property Details
# Of Offices: 1
Washer/Dryer Type: Electric
Construction Materials
HardiPlank Type: 1
T1-11 Type: 1
Cooling
None: 1
Fencing
Chain Link: 1
Wood: 1
Flooring
Laminate: 1
Tile: 1
Vinyl: 1
Foundation Details
Block: 1
Heating
Electric: 1
Zoned: 1
Laundry Features
Gas Dryer Hookup: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Owner Will Carry: 1
Lot Features
Level: 1
Other Structures
Shed(s): 1
Parking Features
Off Street: 1
Paved: 1
Possession
Negotiable: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Roof
Composition: 1
Membrane: 1
Security Features
Carbon Monoxide Detector(s): 1
Closed Circuit Camera(s): 1
Fire Alarm: 1
Fire Sprinkler System: 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Water Heater
Electric: 1
Water Source
Public: 1
Window Features
Blinds: 1
Double Pane Windows: 1
Drapes: 1
Owner Pays
All Utilities: 1
Common Area Maintenance: 1
Exterior Maintenance: 1
Grounds Care: 1
Repairs: 1
Security: 1
Taxes: 1
Trash Collection: 1
Building Features
Kitchen Facilities: 1
Laundry Facilities: 1
Lounge: 1
Restaurant: 1
Separate Office Area: 1
Business Details
Number Of Part Time Employees: 5
Year Established: 2002
Equip/FF Incl Y/N: Yes
Inventory Included Y/N: Yes
Business Type
Hotel/Motel: 1
Restaurant: 1
Location of Property
City: 1
Rural Area: 1
Sale Includes
Building: 1
Business: 1
Additional Tax and Location Information
Highway 101: West Side
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Hotel/Motel
Address
Street Number: 35280
Street Name: Brooten
Street Suffix: Road
County: Tillamook
State: OR
Postal Code: 97135
Directions: Head North on 101. Take exit for Pacific City. Follow Brooten Rd to Poperty
Parcel Number: 231001R
Contract
Current Price: $2,890,000
Status: Active
Begin Date: 2026-04-20
List Price: $2,890,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Tax Annual Amount: 12313.97
Tax Year: 2025
Zoning: PCW-C2 Pacific City Community Commercial
Tax Lot: 6000
Tax Map Number: 231001R
Income and Expenses
Cap Rate: 6.5
Net Operating Income: 190000
Property Features
Utilities: Electricity Connected; Sewer Connected; Water Connected; Other; Electricity Connected; Sewer Connected; Water Connected; Other
Appliances: Dishwasher; Dryer; Gas Oven; Ice Maker; Microwave; Propane Range; Refrigerator; Washer; Water Heater
Building Features: Kitchen Facilities; Laundry Facilities; Lounge; Restaurant; Separate Office Area
Business Type: Hotel/Motel; Restaurant
Construction Materials: HardiPlank Type; T1-11 Type
Cooling: None
Fencing: Chain Link; Wood
Flooring: Laminate; Tile; Vinyl
Foundation Details: Block
Heating: Electric; Zoned
Laundry Features: Gas Dryer Hookup
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional; Owner Will Carry
Location of Property: Rural Area
Lot Features: Level
Other Structures: Shed(s)
Owner Pays: All Utilities; Common Area Maintenance; Exterior Maintenance; Grounds Care; Repairs; Security; Taxes; Trash Collection
Parking Features: Off Street; Paved
Possession: Negotiable
Road Frontage Type: City Street
Road Surface Type: Asphalt
Roof: Composition; Membrane
Sale Includes: Building; Business
Security Features: Carbon Monoxide Detector(s); Closed Circuit Camera(s); Fire Alarm; Fire Sprinkler System; Smoke Detector(s)
Sewer: Public Sewer
Special Listing Conditions: Standard
Water Heater: Electric
Water Source: Public
Window Features: Blinds; Double Pane Windows; Drapes
Showing Requirements: Appointment Only; Call Listing Agent
Listing Office: Premiere Property Group, LLC (Newport)

Office Email: info@premierepropertygroup.com
Last Updated: June - 09 - 2026
Information deemed reliable but not guaranteed.

NDA