The Marigold Hotel (Status: Pending)

105, Court Ave, Pendleton, OR  97801

The Marigold Hotel is a 47 key, 2-story, exterior corridor property with strong financials and excellent cash flow. Completely updated in 2018, this historic hotel features over $560,000 in Capital Improvements, and an attractive mix of guest rooms including Doubles, Queen Doubles, King Singles, and King Doubles with full-size jacuzzi tub. Proximity to downtown restaurants and events, along with highway access and a designated parking garage, make this an attractive hotel for both commercial and leisure travelers. This property features Owner’s Quarters, with 2 bedrooms, 2 bathrooms perfect for Owner/Operator, or for Manager’s Quarters. High traffic location with tons of potential. On-site commercial kitchen with appliances, fridge, and walk-in cooler.

Listing Details

Asset Class: Hotel/Motel
Year Built: 1962
Building Total Square Feet: 22108
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 0
Local Zoning Information:

CBA

Listing Courtesy of: Crystal Investment Property

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. DBA North Sound Commercial and should be verified by the buyer.

Location

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