Beachfront Investment Offering: 179-Room Beachfront Hotel

For Sale

536 SW Elizabeth St, Newport, OR 97365

This Newport property for sale is located at 536 SW Elizabeth St. The current listed sale price for Beachfront Investment Offering: 179-Room Beachfront Hotel is $17,000,000. Beachfront Investment Offering: 179-Room Beachfront Hotel is situated on a lot that is 2.48 acre in size.

Contacts

broker
Jordan Schack

Hilco Real Estate

Property Details

  • Property Type Other
  • Property Size 129,648 SF
  • Lot Size 2.48 Acre
  • Property Tenancy Single Tenant
  • Year Built 1966
  • Date Updated May 28, 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.
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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

Getting around

  • 74/100

    Walk Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • McKay's

    0.59 miles

  • Oceana Natural Foods

    0.65 miles

  • Grocery Outlet

    0.79 miles

  • Cash & Carry

    0.81 miles

  • US Market

    1.19 miles

  • Fred Meyer

    1.44 miles

  • Safeway

    1.50 miles

  • Walmart Supercenter

    1.75 miles

  • Toledo Food Fair

    6.06 miles

  • J C Thriftway Market Toledo

    6.47 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jordan Schack

Hilco Real Estate

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