Beachfront Investment Offering: 179-Room Beachfront Hotel

536 SW Elizabeth St, Newport, OR 97365

  • For Sale $17,000,000
  • Property Type Other
  • Property Size 129,648 SF
  • Lot Size 2.48 Acre
  • Property Tenancy Single Tenant
  • Year Built 1966
  • Date Updated Jun 3, 2025
Newport, Oregon is a coastal destination on the Central Oregon Coast known for its scenic ocean views, fresh seafood, and relaxed atmosphere. It offers a mix of outdoor recreation, marine attractions, and local culture, making it appealing to a wide range of visitors. Newport's coastline features rugged cliffs, sandy beaches, and two iconic lighthouses—Yaquina Head and Yaquina Bay—both offering views of the Pacific and insight into the area's maritime history. The city is also home to the Oregon Coast Aquarium, one of the region’s top attractions, and the Hatfield Marine Science Center, which provides hands-on exhibits and educational experiences. The historic bayfront is a highlight for many, with working fishing docks, local seafood restaurants, small galleries, and shops. It’s also a great place to spot sea lions and watch fishing boats come and go. Nye Beach, a walkable neighborhood with beach access, cozy cafes, and art spaces, adds to the town's charm.The Shilo Inn Suites Hotel Newport presents a compelling opportunity for an experienced hotel owner, operator, or investor to acquire a large-scale, full-service oceanfront property on Oregon’s central coast. With 179 spacious guest rooms across five buildings—featuring both interior and exterior corridor layouts—this legacy hotel offers panoramic Pacific Ocean views and direct access to 900 feet of beachfront. The property includes multiple revenue drivers, including a fine dining restaurant and lounge, a separate café, and two indoor pools, with significant upside potential through strategic capital improvements and operational enhancements.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Full-service, 179-key hotel on 2.48± oceanfront AC
  • Prime location with easy access to market demand generators
  • Strong revenues with growth potential
  • Amenities include: 5,000+ SF of meeting space, 2 indoor pools & 2 restaurants (fine dining restaurant & separate café)
  • Value-add opportunity
  • Fee simple offering

Contacts

broker

Hilco Real Estate

Location

Getting Around

  • Walk Score ®

    74/100 Very Walkable
  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Newport, OR
  • Zip Code 97365

Points of Interest

  • Chevron

    0.34 miles

  • WCEH Newport

    0.40 miles

  • Circle K

    0.62 miles

  • Towne Pump

    0.67 miles

  • South Beach Fuel Dock

    0.79 miles

  • 76

    0.87 miles

  • ChargePoint

    1.09 miles

  • Fred Meyer Fuel Center

    1.13 miles

  • VP Racing Fuels

    1.23 miles

  • Tesla Supercharger

    1.55 miles

  • Public Parking

    0.31 miles

  • NOAA Boat Storage

    0.95 miles

  • HMSC public parking

    1.13 miles

  • South Jetty Parking

    1.19 miles

  • USFWS

    1.23 miles

  • Day Use Parking

    2.15 miles

  • Moolack Beach Access Parking

    4.80 miles

  • Ocean View Wayside

    5.89 miles

  • Toledo Park & Ride

    6.13 miles

  • Shilo Inn Oceanfront Suites

    0.01 miles

  • Shilo Inns Newport Oceanfront

    0.05 miles

  • Shilo Inn

    0.07 miles

  • Comfort Inn Newport

    0.08 miles

  • Elizabeth Street Inn

    0.12 miles

  • Hallmark Resort

    0.16 miles

  • Econo Lodge

    0.17 miles

  • Days Inn

    0.19 miles

  • Newport Bay Motel

    0.19 miles

  • The Whaler

    0.20 miles

  • Georgie's

    0.22 miles

  • Thai Elephant

    0.26 miles

  • Pig N' Pancake

    0.29 miles

  • Pacific Kitchen at Nye Beach

    0.32 miles

  • Mazatlan

    0.33 miles

  • Zach's Bistro

    0.35 miles

  • Tengu Sushi

    0.36 miles

  • Kum-Yon's

    0.37 miles

  • La Roca Del Mar

    0.38 miles

  • Cafe Mundo

    0.40 miles

  • Nye Beach Montessori School

    0.23 miles

  • Carolyn Brown School

    0.68 miles

  • OSU - Marine Operations Pier

    1.03 miles

  • Newport High School

    1.05 miles

  • Yaquina View Elementary School

    1.09 miles

  • Yaquina View School

    1.10 miles

  • Newport Early Childhood Center

    1.18 miles

  • Oregon State University Marine Science Center

    1.19 miles

  • Sam Case Elementary School

    1.23 miles

  • LCSD Teaching & Learning Center

    1.29 miles

  • CSC Lincoln County Head Start

    6.11 miles

  • Tenas Illahee Childcare Center

    9.08 miles

Frequently Asked Questions

How much does Beachfront Investment Offering: 179-Room Beachfront Hotel cost?

The space currently listed for sale at Beachfront Investment Offering: 179-Room Beachfront Hotel asks for $17,000,000.

What is the total square footage of Beachfront Investment Offering: 179-Room Beachfront Hotel?

Beachfront Investment Offering: 179-Room Beachfront Hotel totals 129,648 square feet.

When was this property built?

Beachfront Investment Offering: 179-Room Beachfront Hotel was built in 1966.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker

Hilco Real Estate

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.