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Listed with Coldwell Banker Tomlinson Associates

PRICE $399,000
SIZE 3,513 sqft
LOT SIZE 16,989 sqft

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.

DAYS ON MARKET 317 LAST UPDATED 2/18/2026
YEAR BUILT 0 COMMUNITY Asotin - 2500
COUNTY Asotin STATUS Active
PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Sep 16, '25 $550,000
Sep 16, '25 - Feb 18, '26 $499,000
Feb 18, '26 - Today $399,000


ADDITIONAL DETAILS
AIR Central Air, Wall/Window Unit(s)
AIR CONDITIONING Yes
AREA Asotin - 2500
CONSTRUCTION Concrete, Log, Wood Siding
HEAT None
LOT 0.39 acre(s)
STORIES 1
UTILITIES Sewer Connected
WATER Public

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