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Commodore Hotel in the heart of Astoria, Oregon

$2,400,000

258 14th Street, Astoria, OR 97103

Active
Last Updated: 12/15/2025

10.19

Pro Forma Cap Rate

11,200 sqft

Building Size

Details:
Pro Forma Cap Rate :    10.19%
Building Size:    11,200 sqft
Lot Area:    0.06 acres
Keys:    18
ADR:    $102,156
Year Built:    1926
Floors:    3
Seller Financing:    No
Opportunity Zone:    No
Year Last Renovated:    2021
Construction Status:    Existing
Number of Elevators:    1
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

Map:
Documents:
Title
Commodore_Hotel_Brochure.pdf
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View Offering Memorandum & Financials
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Location
Gallery