Commodore Hotel in the heart of Astoria, Oregon
$2,400,000
258 14th Street, Astoria, OR 97103
10.19
Pro Forma Cap Rate
11,200 sqft
Building Size
Details:
Highlights:
- Midscale | Limited-Service | 18 Keys + On-site Leased Restaurant
- River View Boutique Hotel in Coastal Drive-To Market
- Walkable, Downtown Astoria Location | Proximity To Astoia Riverwalk
- Modern European-style Cabins & River View Suites
- Exquisitely Restored Boutique Hotel
- Leased Restaurant (Featured On North Coast Food Trail) - Cafe/restaurant/bar/live music
- Drive-To Demand From Portland & Seattle
- High-Volume Coastal Tourism Market
- Historic Property With Modern Amenities
Description:
River View Boutique Hotel in Coastal Drive-To Market
The Commodore Hotel is an 18-key, historic, limited-service boutique hotel with views of the Columbia River. Located in the heart of downtown Astoria, this midscale, interior-corridor asset is less than one block from the Astoria Riverwalk. The updated hotel retains its original character while supporting a modern guest experience. The room mix includes European cabin-style rooms with shared baths, appealing to budget-conscious travelers, and traditional river view suites with private baths. A leased street-level restaurant and bar provides on-site food and beverage service and predictable lease income. The central location supports steady year-round drive-to leisure demand from the Portland and Seattle-Tacoma metro areas.
Complete offering package available on https://crystalip.com/listings/CHAO25-Commodore-Hotel/
IMPORTANT
Documents:
| Title | ||
|---|---|---|
| Commodore_Hotel_Brochure.pdf | ||
| View Offering Memorandum & Financials |
Location
Gallery