Gillespie realty group

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$2,100,000
12 Days On Site

1152 MAIN ST
Springfield, OR97477

For Sale|Hotel/Motel|Active
0
Beds
0
Total Baths
8,908
SqFt
$236
/SqFt
1941
Built
County:
Lane
Listing courtesy of Heather Tipler of Hybrid Real Estate (541) 844-8425

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

1152 MAIN ST1152 MAIN ST1152 MAIN ST1152 MAIN ST
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Presenting an opportunity to acquire a well-established hotel in a desirable location w/ strong income potential & long-term investment value. This hotel offers quality accommodations, modern amenities & convenient access to downtown Springfield, the U of O, shopping, dining & all the area has to offer. The property's strategic location supports consistent occupancy w/corporate travelers, tourists, sports teams & families throughout the year. An established reputation for quality service & repeat business provides a solid operational foundation.The hotel rooms feature, comfortable, well-appointed guest rooms equipped with premium bedding, flat-screen televisions, workspaces, dressers, mini fridges and updated bathrooms with marble tile in most and updated flooring. There is onsite laundry & some rooms are plumbed for kitchenettes!Outside there is ample parking & covered spaces, 7 storage units, fresh paint, the parking lot was paved in 2024, the membrane roof was replaced in 2020, the shingled roof was redone in 2022, making this investment turn key for the next owner!The owners suite features a private entrance, updated kitchen with granite countertops, LVP flooring, dining area, a large living room with plush carpeting, fenced yard, ductless heat and AC, a fully remodeled bathroom w/ large vanity and full tub surround, the bedroom is large and complete w/ dual closets, additional storage, private laundry & access to the office for ease of running the business. This hotel presents an excellent opportunity for investors or owner-operators seeking immediate cash flow with additional upside potential. Well maintained & operationally efficient, the property requires minimal immediate capital investment while offering flexibility for future growth. Whether expanding an existing hospitality portfolio or entering the hotel industry, this investment provides an attractive combination of stability, profitability & long-term appreciation.

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Listing Snapshot
Price 
$2,100,000
Days On Site 
12 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,908 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.58 Acres
Year Built 
1941
MLS® Number 
144548801
Status 
Active
Property Tax 
$15,756.64
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
20 hours agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.58
Parking 
On Site
Property Sub Type 
Hotel/Motel
Security 
Security SystemSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
8908
Water Source 
Public
Zoning 
CC
Interior Features
Cooling 
Wall Unit(s)
Heating 
Zoned
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Exterior Features
Construction Details 
BlockStuccoWood Siding
Roof 
CompositionMembrane
View 
City
Waterview 
City
Community Features
Financing Terms Available 
CashConventional
MLS Area 
_249
Roads 
Paved
Listing courtesy of Heather Tipler of Hybrid Real Estate (541) 844-8425



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Hybrid Real Estate are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2026-08-12 04:41 AM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
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