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
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''
Additional Details
Status:
Active
Type:
Commercial
Taxes:
$10
Potential Short Sale:
No
Age:
51 - 80 Years
In Foreclosure:
No
Land Size:
10000 SF - .49 Acre
Structure Features:
Paved outside area
Construction:
Concrete, Log, Wood Siding
Water:
City service

Business/Commercial For Sale

90 2nd Street, Asotin, Washington 99402

3,513 SqFt
Visits : 3 in 282 days
$399,000
Listing ID #98948019
Basic Details
Property Type :
Business/Commercial
Listing Type :
For Sale
Listing ID :
98948019
Price :
$399,000
Apx SqFt :
3,513 SqFt
Lot Area :
0.39 Acres
Days on Market :
279
Update Date :
02/18/2026 20:39:10
Status :
Active
Agent info
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