See all 38 photos

Listed by Keller Williams Realty Professionals

$2,700,000

Est. payment - /mo

Save

7,294 SqFt

Price Dropped by $500K

11324 NE SANDY BLVD Portland, OR 97220

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel Motel

Listing Status Active

Purchase Type For Sale

Square Footage 7,294 sqft

Price per Sqft $370

MLS Listing ID 375021372

Year Built 1930

Annual Tax Amount $21,604

Tax Year 2025

Lot Size 0.710 Acres

Property Sub-Type Hotel Motel

Property Description

Exceptional 24-Unit Income-Producing Motel on NE Sandy Blvd. Prime investment opportunity along NE Sandy Blvd, offering excellent visibility, strong traffic counts, and convenient access to major transportation corridors. This 24-unit motel spans multiple buildings and includes an on-site office paired with a spacious 4-bedroom, 2-bath manager's residence - ideal for owner-operators seeking operational efficiency or investors looking to generate additional rental income. The office/residence features a well-designed layout with a generous kitchen that opens to the main living area, a primary bedroom on the main level, and additional living space on the lower floor. Its configuration supports multigenerational living, extended-stay occupancy, or flexible use depending on ownership needs. Floor plans available upon request. Strategically positioned along a corridor undergoing significant infrastructure upgrades and long-term mixed-use redevelopment, the property stands to benefit from continued neighborhood growth and future value appreciation.With close proximity to Portland International Airport, I-205, and key retail and service amenities, this asset is well suited for continued motel operations or a value-add repositioning strategy. Financials available upon request. Buyer to perform all due diligence.

Location

State OR

County Multnomah

Area _142

Zoning CE

Interior

Heating Mini Split, Wall Heater

Cooling Mini Split

Equipment Fixtures, Furniture, SecuritySystem, SmokeDetector

Exterior

Roof Type Metal

Garage No

Building

Story 1

Sewer Public Sewer

Water Public Water

Level or Stories 1

Others

Acceptable Financing Cash

Listing Terms Cash

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

Want to See This Home or Others Like It?

The best homes often sell quickly, and having a plan makes all the difference. Start with our Buyer Guide to understand the process, then schedule a consultation so we can build your strategy and get you in position to buy.

View Buyer Guide Schedule a Consultation