Royal Motor Inn 1510 Adams Ave 43 Room Hotel La Grande, OR 97850 $2,791,840 CAD ($64,927 CAD/Room) 11.32% Cap Rate

Presenting the Royal Motor Inn, a 43-room economy motel strategically located in downtown La Grande, Oregon. This 15,000-square-foot property, built in 1963, offers an exceptional investment opportunity in the heart of a vibrant and growing community.
Well-maintained and centrally positioned, this motel delivers strong potential for steady cash flow or future redevelopment. La Grande attracts a diverse mix of travelers, including outdoor enthusiasts exploring the nearby Blue Mountains, visitors to Eastern Oregon University, and those drawn by the area’s rich history and vibrant local events. This makes the Royal Motor Inn a well-placed asset to cater to consistent demand from a variety of guest segments.
Located in the heart of historic La Grande, Oregon, the area surrounding the property offers the perfect blend of small-town charm and modern amenities. Investors in office buildings will appreciate the proximity to key attractions such as Eastern Oregon University and the charming downtown district with its unique shops, restaurants, and cafes. The area also boasts easy access to outdoor recreation opportunities, including hiking, biking, and skiing at nearby Anthony Lakes Mountain Resort.
With a strong sense of community and a thriving local economy, the location presents an excellent opportunity for office building investors seeking a vibrant and dynamic environment.
Explore Nearby Attractions
Located in the heart of downtown La Grande, this property is surrounded by historic 19th- and 20th-century architecture and is within walking distance of Liberty Theatre and Eastern Oregon University, offering enriching cultural experiences.
Access to Outdoor Adventures
Close to the Blue Mountains, Eagle Cap Wilderness, and Anthony Lakes Mountain Resort, the area provides year-round recreation opportunities, while the Grande Ronde Valley adds scenic beauty and showcases a rich agricultural heritage of barley, wheat, and cattle ranching.
Convenient Downtown Amenities
Centrally positioned among La Grande’s local restaurants, boutique shops, and vibrant community activities, this location offers travelers easy access to dining, shopping, and entertainment in the city’s charming downtown area.
Hub for Events and Travel
Ideally situated for visitors attending events at Eastern Oregon University or the Liberty Theatre, the property also serves as a gateway for travelers exploring the region’s natural and cultural attractions, benefiting from a stable and thriving hospitality market.