90 2nd Street, Asotin, WA 99402

LATEST
Other
THB ฿17,923,813
USD $550,000
Published on: 30 May 2025
Last updated on: 30 May 2025
90 2nd Street, Asotin, WA 99402
90 2nd Street, Asotin, WA 99402
90 2nd Street, Asotin, WA 99402
+11
90 2nd Street, Asotin, WA 99402
  • 11
Property ID: 110099828910
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Other - Asotin, WA

90 2nd Street, Asotin, WA 99402
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.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
1,578.28 m2
Building Size
326.37 m2
Year Built
1969
Architecture Style
Other
County
Asotin
Parcel ID
10440000800010000
Provider
Intermountain Multiple Listing Service
Subdivision
0 Not Applic.
Brokerage Office Name
Coldwell Banker Tomlinson Associates
Brokerage Office Phone
(208) 819-3003
Address
90 2nd Street, Asotin, WA 99402

Nearby Schools

TypeSchool nameDistrict name
HighAsotinNot available
ElementaryAsotinNot available
MiddleAsotinNot available
JuniorhighAsotinNot available

Tax History

YearTax amount
2024USD $3343.79THB ฿108,970*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Levi Gibson
Coldwell Banker Tomlinson Associates
325 Main St, Lewiston, ID 83501
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325 Main St, Lewiston, ID 83501
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      Property ID: 110099828910

      Original Property ID: 3yd-IMLSID-98948809
      Data provided by Intermountain Multiple Listing Service, MLS #: 98948809
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