Tyee Lodge B&B

Newport, OR
Asking Price:$2,125,000
Gross Revenue:$165,000
Real Estate:$2,400,000
Cash Flow:$97,200
FF&E:$150,000
Established Year:2024
BUSINESS DESCRIPTION

Ocean View

Tyee Lodge: Step into this charming ocean view B&B, which offers a truly idyllic getaway with five beautifully appointed en suite rooms, each featuring a gas fireplace to enhance your comfort. The innkeeper's quarters are spacious, boasting three bedrooms and three bathrooms, as well as hardwood floors that add warmth and character to the home. A private path leads directly to the beach, allowing guests to enjoy the soothing sound of the waves. The gourmet kitchen is a chef's dream, perfect for preparing meals, while the ocean view dining room and guest lounge provide the ideal setting for guests to unwind.

A gas fireplace in the lounge adds a cozy ambiance. Outside, a fire pit and oceanview deck with outdoor seating invite you to relax and soak in the natural beauty of the surroundings. Enjoy the hot tub, the fully fenced yard, and the chicken coop, ensuring fresh eggs right at your doorstep. A large basement storage area completes the property, allowing the lodge to tuck away all extra necessities from guests eyes. Located just minutes from Newport and all its amenities, this B&B is a perfect blend of privacy, luxury, and convenience.

While currently an operational B&B, this property has also previously been used for Residential, and would make an incredible home. While not technically oceanfront, the unbuildable lot on the west side of the Lodge makes it feel as if it is. Either way, ocean view opportunity awaits! Schedule your tour today.


DETAILED INFORMATION
Location
Newport, OR
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
4,432
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Growth & Expansion
Great potential for income growth.
Reason for Selling
Moving
Home-Based
This business is Home-Based
Franchise
This business is an established franchise

BUSINESS LOCATION
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Casey O'Callaghan
Casey O'Callaghan