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Hannah Caldwell

hannah@caldwelland.co +1(541) 228-5782

Listed by Hybrid Real Estate

$ 2,100,000

Est. payment | -/mo

8,908 SqFt

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$ 2,100,000

Est. payment | -/mo

Save

8,908 SqFt

Key Details

Property Type Commercial

Sub Type Hotel Motel

Listing Status Active

Purchase Type For Sale

Square Footage 8,908 sqft

Price per Sqft $235

MLS Listing ID 144548801

Year Built 1941

Annual Tax Amount $15,756

Tax Year 2025

Lot Size 0.580 Acres

Property Sub-Type Hotel Motel

Property Description

Presenting an opportunity to acquire a well-established hotel in a desirable location w/ strong income potential & long-term investment value. This hotel offers quality accommodations, modern amenities & convenient access to downtown Springfield, the U of O, shopping, dining & all the area has to offer. The property's strategic location supports consistent occupancy w/corporate travelers, tourists, sports teams & families throughout the year. An established reputation for quality service & repeat business provides a solid operational foundation.The hotel rooms feature, comfortable, well-appointed guest rooms equipped with premium bedding, flat-screen televisions, workspaces, dressers, mini fridges and updated bathrooms with marble tile in most and updated flooring. There is onsite laundry & some rooms are plumbed for kitchenettes!Outside there is ample parking & covered spaces, 7 storage units, fresh paint, the parking lot was paved in 2024, the membrane roof was replaced in 2020, the shingled roof was redone in 2022, making this investment turn key for the next owner!The owners suite features a private entrance, updated kitchen with granite countertops, LVP flooring, dining area, a large living room with plush carpeting, fenced yard, ductless heat and AC, a fully remodeled bathroom w/ large vanity and full tub surround, the bedroom is large and complete w/ dual closets, additional storage, private laundry & access to the office for ease of running the business. This hotel presents an excellent opportunity for investors or owner-operators seeking immediate cash flow with additional upside potential. Well maintained & operationally efficient, the property requires minimal immediate capital investment while offering flexibility for future growth. Whether expanding an existing hospitality portfolio or entering the hotel industry, this investment provides an attractive combination of stability, profitability & long-term appreciation.

Location

State OR

County Lane

Area _249

Zoning CC

Interior

Heating Mini Split, Wall Heater, Zoned

Cooling Mini Split, Wall Unit

Equipment Furniture, SecuritySystem, SmokeDetector

Exterior

View City

Roof Type Composition,Membrane

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Others

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Regional Multiple Listing Service (RMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(541) 228-5782

hannah@caldwelland.co

1995 Greiner St, Eugene, Oregon 97405, United States

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1152 MAIN ST Springfield, OR 97477