3105 O. B. Riley Road, Bend, OR 97703
$14,000,000
Property Type:
Commercial Sale
Square Footage:
105,313
Lot Size (sq. ft.):
327,571
Status:
Pending
Current Price:
$14,000,000
List Date:
2/06/2026
Last Modified:
2/23/2026
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.
Supplements: ********
More Information MLS# 220214932
Location, Tax, and Legal
Cross Street: HWY 97
Section: NW
Parcel Number: 100018
Tax Map Number: 171220DD00300
Lot Size Acres: 7.52
Lot Size Square Feet: 327571
Additional Parcels YN: No
Contract Information
Dual Listing YN: No
Original List Price: 14000000
Current Price: $14,000,000
Status: Pending
List Price: $14,000,000
Listing Contract Date: 2026-02-06
Currently Not Used
List Price per SqFt: 132.94
General Property Information
Building Area Total: 105313
Building Area Source: Assessor
Building Area Units: Square Feet
# of Units Total: 151
New Construction YN: No
Zoning: CL
Tax Annual Amount: 189123.8
Tax Year: 2025
CC&R's YN: No
Preferred Escrow Company & Officer: Western Title - Arianna Lease
FIRPTA YN: No
Sign On Property YN: Yes
Year Built: 1988
Remarks and Miscellaneous
Public Remarks: 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.
Additional Features
ADA Comply: 1
Kitchen: 1
Laundry Facility: 1
Living Area in Building: 1
Manager's Quarters: 1
Office Space: 1
Business Type (AKA Sub Type)
Hospitality: 1
Basement
None: 1
Common Walls
2+ Common Walls: 1
Cooling
Central Air: 1
Heat Pump: 1
Wall/Window Unit(s): 1
Easements
Conservation: 1
Construction Materials
Frame: 1
Flooring
Carpet: 1
Laminate: 1
Tile: 1
Listing Terms
Cash: 1
Contract: 1
Conventional: 1
Foundation Details
Concrete Perimeter: 1
Flood
Unknown: 1
Heating
Heat Pump: 1
Wall Furnace: 1
Interior Features
Granite Counters: 1
Laminate Counters: 1
Levels
One: 1
Two: 1
Three Or More: 1
Lot Features
Fenced: 1
Native Plants: 1
Sloped: 1
Water Feature: 1
Roof
Tile: 1
Security Features
Carbon Monoxide Detector(s): 1
Security System Owned: 1
Smoke Detector(s): 1
Other Structures
Guest House: 1
Shed(s): 1
Storage: 1
Window Features
Double Pane Windows: 1
Road Surface Type
Paved: 1
Structure Type
Hotel/Motel: 1
House: 1
Multi Family: 1
View
River: 1
Waterfront Features
Pond: 1
Business Details
Business Included?: No
Exterior Features
Courtyard: 1
Owner Pays
Electricity: 1
Exterior Maintenance: 1
Gas: 1
Insurance: 1
Interior Maintenance: 1
Janitorial Service: 1
Repairs: 1
Sewer: 1
Taxes: 1
Water: 1
Parking Features
Asphalt: 1
Concrete: 1
Detached: 1
Driveway: 1
Garage Door Opener: 1
On Street: 1
Parking Lot: 1
Workshop in Garage: 1
Patio and Porch Features
Covered: 1
Covered Deck: 1
Deck: 1
Pool Features
Community: 1
Electric Heat: 1
Fenced: 1
In Ground: 1
Outdoor Pool: 1
Pool Cover: 1
Pool/Spa Combo: 1
Tile: 1
Power Production
None: 1
Sewer
Private Sewer: 1
Public Sewer: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Water Source
Public: 1
Parking Details
Parking: Yes
# of Parking Spaces: 215
Special Listing Conditions
Trust: 1
Location Tax and Legal
Street Number: 3105
Street Name: O. B. Riley
Street Suffix: Road
County: Deschutes
State: OR
Postal Code: 97703
Status Change Information
Under Contract Date: 2026-02-23
Status Change Timestamp: 2026-02-23
Property Features
Additional Features: ADA Comply; Kitchen; Laundry Facility; Living Area in Building; Manager's Quarters; Office Space
Basement: None
Common Walls: 2+ Common Walls
Construction Materials: Frame
Cooling: Central Air; Heat Pump; Wall/Window Unit(s)
Flooring: Carpet; Laminate; Tile
Foundation Details: Concrete Perimeter
Heating: Heat Pump; Wall Furnace
Interior Features: Granite Counters; Laminate Counters
Levels: One; Two; Three Or More
Roof: Tile
Security Features: Carbon Monoxide Detector(s); Security System Owned; Smoke Detector(s)
Window Features: Double Pane Windows
Business Type (AKA Sub Type): Hospitality
Owner Pays: Electricity; Exterior Maintenance; Gas; Insurance; Interior Maintenance; Janitorial Service; Repairs; Sewer; Taxes; Water
Easements: Conservation
Exterior Features: Courtyard
Flood: Unknown
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Lot Features: Fenced; Native Plants; Sloped; Water Feature
Other Structures: Guest House; Shed(s); Storage
Parking Features: Asphalt; Concrete; Detached; Driveway; Garage Door Opener; On Street; Parking Lot; Workshop in Garage
Patio and Porch Features: Covered; Covered Deck; Deck
Pool Features: Community; Electric Heat; Fenced; In Ground; Outdoor Pool; Pool Cover; Pool/Spa Combo; Tile
Road Surface Type: Paved
Structure Type: Hotel/Motel; House; Multi Family
View: River
Waterfront Features: Pond
Power Production: None
Sewer: Private Sewer; Public Sewer
Water Source: Public
Listing Terms: Cash; Contract; Conventional
Special Listing Conditions: Trust
Documents
Required Info Regarding BK Sale ›
Listing Office:
Varsity Real Estate
Last Updated: February - 23 - 2026
Information deemed reliable but not guaranteed.