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201 S Main StreetJoseph, OR 97846Price: $3,000,000

  • Price: $3,000,000
  • 346 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,000,000List Price
  • 0.67Acreage
  • 5,882Square Feet
Listed by Adam Saxton of Homestead Co. (541-432-2212)
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Discover your opportunity in the picturesque town of Joseph, Oregon. This remarkable 16-unit motel offers an exceptional investment opportunity in a sought-after destination, surrounded by breathtaking mountains and stunning landscapes. Whether you are an experienced investor or new to the hospitality industry, this property is perfect to capitalize on the booming tourism sector. As a prime main street location in a popular destination, this motel attracts visitors year-round who come to explore the charming town, partake in outdoor activities, and enjoy views of the Wallowa Mountains. 16 well-appointed and spacious accommodations were each designed for comfort and relaxation. Guests will appreciate the cozy atmosphere, ideal for unwinding after a day of adventure. The property includes a dedicated manager's unit, allowing for seamless operations and oversight ensuring both guests and staff enjoy a well-maintained environment. Additional lots for potential income are available. Listing includes extra lots which present exciting possibilities for expansion or alternative income-generating ventures. Imagine adding condos, RV spaces, or a restaurant to enhance the guest experience and diversify your revenue streams. Benefit from an existing clientele and consistent occupancy rates as the motel's reputation for friendly service and clean accommodations is well established making it a favorite among returning visitors. Surrounded by nature's best offerings, the property is a stone's throw away from Wallowa Lake, hiking trails, fishing and winter sports. The area's stunning beauty provides endless opportunities for outdoor enthusiasts. With the growing demand for vacation rentals and hospitality services in scenic locations, this property is a prime candidate for further development, making it an exciting prospect for savvy investors. If you are ready to seize the opportunity of owning a well-established motel in one of Oregon's most enchanting towns, call Adam today!

Property Details of 201 S Main Street

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Based on information submitted to OR_RMLS_WEB_API as of May 16, 2026 11:42 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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