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3105 O. B. Riley Road, Bend, OR 97703

$14,000,000

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Property Description

Rare riverfront hospitality opportunity in Bend, OR. This legacy property includes 151 guest rooms, a single-family residence with lower apartment, and an additional apartment attached to the lobby, all situated on expansive grounds along the Deschutes River. Amenities include multiple pools, hot tubs, saunas, on-site restaurant space, and banquet/event facilities. Originally built in the mid-1980s as what was intended to be Touch of Class, and later operated as the Shilo Inn, this property has long served as a home away from home for travelers and long-term guests in Central Oregon. While the hotel has experienced deferred maintenance and operational inefficiencies, the underlying fundamentals remain compelling, including irreplaceable river frontage, scale, existing infrastructure, and zoning. This is a value-add and repositioning opportunity suited for an experienced operator, developer, or investor seeking to reimagine or redevelop a landmark asset.

3105 O. B. Riley Road | MLS# 220214932

This commercial property located at 3105 O. B. Riley Road, Bend, OR 97703 is currently listed for sale with an asking price of $14,000,000. Search Bend real estate on www.williamraven.realtor today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air, Heat Pump, Wall/Window Unit(s)
Fenced: Yes
Heating: Heat Pump, Wall Furnace
Lot Size: 7.52 Acres
Roof Type: Tile
Stories: 1.0
Taxes: $189,123
Year Built: 1988
Square Feet: 105,313

Feature Descriptions

Exterior: Frame
Security: yes
Sewer: Private Sewer, Public Sewer
Special View Info: River
Units: 151

Listed By / Shown By

Listed By

Agency Name: Varsity Real Estate

Shown By

Agent Name: William Raven Broker
Agent Phone: (541) 280-9701
Agency Title: Bend Premier Real Estate

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