MLS#: 141053370

Shared Report
Commercial/Industrial

Catherine Lewis

503-347-9690

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Comm/Industrial

12/6/2025 11:19PM

$1,850,000 3205 gross sqft

Status:Active
Year Built:1922 / REMOD
List Date:11/14/2025

DOM:22
ML#:141053370
Acres:0.12

105 S 6TH AVE Rockaway Beach, OR 97136

Unit #:

Condo Loc:

XST/Dir:HWY 101 - WEST ON 6TH PROPERTY ON RIGHT
Public:Nestled in the heart of Rockaway Beach, Oregon, The Blue Octopus is a thriving boutique hotel offering a collection of charming, retro-inspired cottages just off the beach with a very enticing NOI. With ocean views and beach access right outside your door, this profitable property presents an incredible investment opportunity. Bright, clean, and cozy, each unit provides a comfortable retreat with unique decor that keeps guests returning time and again. Experience the perfect blend of comfort, charm, and coastal beauty at The Blue Octopus—your home away from home in Rockaway Beach and a lucrative business venture.

Property Details:

Property Type:Hotel/Motel
County:Tillamook
Sale Inc:Building, Business, Land
Legal:SUBD NAME: TILLAMOOK BEACH BLK NO: 24 LOT NO: 15; 16
Area:195
Zoning:RK-R-R
Prop Tax/Yr:3840.71
Tax ID:14512
CC&Rs:No
Open House:
Upcoming Open House:
Features:
Equipment:
Internet:

Lot Dimensions:
# Stry/Bldg:2/4
Parking:7 /
Construction:Wood Siding, Other
Ceiling Ht/Ft:
Truck Door: /
Roof:Composition
Occupancy:Other
Loading:
Gross SQFT:3205
Office SqFt:
Whse SqFt:
Mfg SqFt:
Road Frontage:
Road Surface:Paved
View:Ocean
Waterfront:
Body Water:
Current Use:Hotel/Motel
URM:

Utilities:

Heat:Wall Heater, Zoned
Fuel:Electricity
Water:Public Water
Cool:None
Sewer:Public Sewer
Volts:
Amps:

Business and Lease Information:
                        Doc Available:Aerial Photo, Floor Plan, Profit & Loss Statement
                        Inventory:
                         Yr Estab:
                        Restrictions:
                        Business Name:
                        Actual Gross Income:$272,740
                        Proj. Gross Income:
                        Actual Net Income:$141,629
                        Proj. Net Income:
                         Actual Oper. Expenses:$131,115
                        Proj. Oper. Expenses:
                                 Lease Type:None
                        Lease Amount:
                        Lease Expire:
                        Lease Equip
                                               Lease Deposit:                                            

Financial:

Property Tax/Yr:$3,840.71 / 2025
Terms Considered:Cash, Conventional

Short Sale:No
Bank Owned/REO:No

Broker/Agent Data:

Seller's Agent:Sierra Lauder
Email:sierra@homewithsierra.com
Phone:503-354-4400
Phone Extension:
Seller's Office:Keller Williams Sunset Corridor
Website:http://www.kwcoastlife.com
Address:115 N 3rd Ave
City/State/Zip:Rockaway Beach,OR 97136
Email:
Phone:503-270-5700
Co-Seller's Agent:Catherine Lewis
CoAgent Email:catherine@orcoastrealty.com
Phone:503-347-9690
Co-Seller's Office:Keller Williams Sunset Corridor
Email:
Website:http://www.kwcoastlife.com
Phone:503-270-5700
List Date:11/14/2025

Comparable Information:

Pending Date:
Original Price:$1,900,000
DOM:22
Buyer's Agent:
STerms:

Sold Date:
Sold Price:
CDOM:
Buyer's Office Phone:

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