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Listed price in listed location currency (USD).
$399,000

000

MLS® 98948019

Overview

Key Facts

Type 
Levels Commercial Sale
Size 3513 sqft
Garage 
Taxes 
Days Active 344
Lot Size 
Approx. Age 
Avg. Price Per Sqft $113
MLS® Number 98948019

Property Address: 90 2nd St, Asotin, WA, 99402

Average square foot calculated using Size range provided by listing agent.

Description

The Asotin Lodge! Cash cow investment property at a 10% CAP Rate with additional upside. Full renovation in the early 2000s, make this property clean and solid. 4 hotel rooms are new with kitchenettes are bringing in ~$22.9k NET annually leasing to traveling nurses. Restaurant space is on a Triple-Net Lease at $2, 730/month. THE UPSIDE --> Hotel rooms are only leveraged at approx 50% capacity because they are not being marketed. Landlord owns the restaurant kitchen trade fixtures, but tenant maintains them. Restaurant lease is up in Aug 2026, but option to extend. Fuel tanks from the gas station are still available. They have been placed in inactive status, but the owners have kept up on all the state inspections and have protection equipment on them. Land to the West of the lodge is part of this parcel, and had been planned for RV Spaces or considered Jet Boat storage bays. Buyer to verify feasibility of the possibilities of the extra lot space and what would be required to re-activate fuel pumps.
MLS® Number98948019
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 22, 2025List Date
$399,000List Price

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