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Community
Surrounding community featuring a mountain view and uncovered parking
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Community
Surrounding community
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Front Of Structure
View of property
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Aerial View
Aerial overview of property's location with a water and mountain view and nearby suburban area
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Front Of Structure
View of property featuring a mountain view
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Front Of Structure
View of building exterior featuring uncovered parking
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Aerial View
Drone / aerial view of a mountain backdrop
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Aerial View
Aerial view of property and surrounding area featuring mountains
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Aerial View
Aerial view of property's location with a mountain backdrop
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Aerial View
Aerial view of property and surrounding area
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Front Of Structure
View of building exterior
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Aerial View
Aerial overview of property's location with a mountainous background
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.
Residential Income For Sale
90 2nd Street, Asotin, Washington 99402
- JoeAnne Santy-Greene
- (208) 947-4609
- (208) 283-6313
- (208) 287-8500
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