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

$10,700,000
Property Type: Commercial Sale Square Footage: 105,313 Lot Size (sq. ft.): 327,571 Status: Closed
Current Price: $10,700,000 List Date: 2/06/2026 Last Modified: 7/10/2026

Overview

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.

Listing Details MLS# 220214932

General Property Information

Building Area Total
105313
Building Area Source
Assessor
Building Area Units
Square Feet
# of Units Total
151
Year Built
1988
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

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

Location Tax and Legal

Street Number
3105
Street Name
O. B. Riley
Street Suffix
Road
County
Deschutes
State
OR
Postal Code
97703

Contract Information

Original List Price
14000000
Listing Contract Date
2026-02-06
Dual Listing YN
No

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.

Status Change Information

Close Date
2026-07-10
Under Contract Date
2026-02-23
Status Change Timestamp
2026-07-10
Close Price
10700000
Sold Price per SqFt
101.6

More Information

Currently Not Used

List Price per SqFt
132.94

Business Details

Business Included?
No

Parking Details

Parking
Yes
# of Parking Spaces
215

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

Additional Features

ADA Comply
Yes
Kitchen
Yes
Laundry Facility
Yes
Living Area in Building
Yes
Manager's Quarters
Yes
Office Space
Yes

Business Type (AKA Sub Type)

Hospitality
Yes

Basement

None
Yes

Common Walls

2+ Common Walls
Yes

Cooling

Central Air
Yes
Heat Pump
Yes
Wall/Window Unit(s)
Yes

Easements

Conservation
Yes

Construction Materials

Frame
Yes

Flooring

Carpet
Yes
Laminate
Yes
Tile
Yes

Listing Terms

Cash
Yes
Contract
Yes
Conventional
Yes

Foundation Details

Concrete Perimeter
Yes

Flood

Unknown
Yes

Heating

Heat Pump
Yes
Wall Furnace
Yes

Interior Features

Granite Counters
Yes
Laminate Counters
Yes

Levels

One
Yes
Two
Yes
Three Or More
Yes

Lot Features

Fenced
Yes
Native Plants
Yes
Sloped
Yes
Water Feature
Yes

Roof

Tile
Yes

Security Features

Carbon Monoxide Detector(s)
Yes
Security System Owned
Yes
Smoke Detector(s)
Yes

Other Structures

Guest House
Yes
Shed(s)
Yes
Storage
Yes

Window Features

Double Pane Windows
Yes

Road Surface Type

Paved
Yes

Structure Type

Hotel/Motel
Yes
House
Yes
Multi Family
Yes

View

River
Yes

Waterfront Features

Pond
Yes

Exterior Features

Courtyard
Yes

Owner Pays

Electricity
Yes
Exterior Maintenance
Yes
Gas
Yes
Insurance
Yes
Interior Maintenance
Yes
Janitorial Service
Yes
Repairs
Yes
Sewer
Yes
Taxes
Yes
Water
Yes

Parking Features

Asphalt
Yes
Concrete
Yes
Detached
Yes
Driveway
Yes
Garage Door Opener
Yes
On Street
Yes
Parking Lot
Yes
Workshop in Garage
Yes

Patio and Porch Features

Covered
Yes
Covered Deck
Yes
Deck
Yes

Pool Features

Community
Yes
Electric Heat
Yes
Fenced
Yes
In Ground
Yes
Outdoor Pool
Yes
Pool Cover
Yes
Pool/Spa Combo
Yes
Tile
Yes

Power Production

None
Yes

Sewer

Private Sewer
Yes
Public Sewer
Yes

Utilities

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Water Source

Public
Yes

Special Listing Conditions

Trust
Yes

Documents

Listing Office: Varsity Real Estate
Last Updated: July - 10 - 2026
Information deemed reliable but not guaranteed.
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