Property 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.

Features
Cooling:
Central air, Window/Wall Unit
Total Parking:
10
Address Map
Country:
US
State:
WA
County:
Asotin
City:
Asotin
Zipcode:
99402
Street:
90 2nd Street
Longitude:
W118° 56' 41.3''
Latitude:
N46° 20' 23.8''
Schools
School District:
Asotin Anatone
Elementary School:
Asotin
Middle School:
Asotin
High School:
Asotin
Additional Details
Status:
Active
Type:
Other
Tax Year:
2024
Taxes:
$3,344
Potential Short Sale:
No
Unit count:
5
Age:
51 - 80 Years
Auction:
No
Flood Ins Required:
No
In Foreclosure:
No
Land Size:
10000SF - .49
Home Owner Exempt:
No
HOA Frequency:
Not Applicable
Construction:
Concrete, Log, Wood Siding
Land Use:
Other

Residential Income For Sale

90 2nd Street, Asotin, Washington 99402

3,513 SqFt
Visits : 1 in 282 days
$399,000
Listing ID #98948809
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Listing ID :
98948809
Price :
$399,000
Apx SqFt :
3,513 SqFt
Year Built :
1969
Lot Area :
0.39 SqFt
Days on Market :
279
Subdivision :
0 Not Applic.
Update Date :
02/17/2026 16:45:16
Status :
Active
Contact Agent
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