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    Spokane, WA Hotels for Sale

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    Hotel with Standalone Restaurant
    Updated: Jun 24
    Hotel with Standalone Restaurant

    120 W 3rd Ave, Spokane, WA 99201

    $4,195,000
    Existing hotel with 88 rooms across four buildings built between 1964 and 1985
    Standalone restaurant on‑site totaling 5,200 SF
    Opportunity Zone property with Downtown General zoning
    Lot size of 1.37 acres
    2019 ADR reported as $69.45 and listed price per room of $47,670
    View details
    Extended-Stay Hotel Portfolio Opportunity
    Updated: Jun 8
    Extended-Stay Hotel Portfolio Opportunity

    12803 E Sprague Ave, Spokane, WA 99216

    Contact for pricing
    1 sqft
    Fee‑simple interest in HomeTowne Studios offered individually or as a multi‑market portfolio across Salem, Eugene/Springfield, OR, and Spokane, WA.
    Extended‑stay lodging model with longer average lengths of stay and reduced operating costs, with stable occupancy profiles versus traditional select‑service hotels.
    Markets span the Pacific Northwest: Salem (state capital), Eugene/Springfield (University of Oregon, healthcare systems), and Spokane (healthcare, education, distribution).
    Properties are corporate‑managed from Florida, offering immediate upside potential for an owner/operator through hands‑on management.
    Brand can be terminated for relatively minor liquidated damages.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Spokane, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Hotel and Restaurant Property
    Hotel and Restaurant Property

    301 W Cameron Ave, Kellogg, ID 83837

    $799,000
    9,236 sqft 0.53 AC lot

    Mixed-use hospitality asset with a restaurant, bar, and partially finished hotel units plus a residential manager apartment.

    View details
    Quality Inn Hotel Investment
    Quality Inn Hotel Investment

    2128 8th Ave, Lewiston, ID 83501

    $6,700,000
    2.40 AC lot

    Established hotel near Hells Canyon with expansion potential.

    View details
    Restaurant, Bar, and Partially Finished Hotel
    Restaurant, Bar, and Partially Finished Hotel

    301 W Cameron Avenue, Kellogg, ID 83837

    $799,000

    Mixed-use hospitality asset with restaurant, bar, partially finished hotel units, and an updated 2-bed manager apartment.

    View details
    Quality Inn Hells Canyon Hotel
    Quality Inn Hells Canyon Hotel

    2128 8th Ave, Lewiston, ID 83501

    $6,700,000
    24,374 sqft 2.40 AC lot

    52-key hotel near Hells Canyon with high occupancy rate.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Schweitzer Building Lot Available
    Schweitzer Building Lot Available

    NKA Parallel Run BLK 6 LOT 9A, Sandpoint, ID 83864

    $224,900
    0.43 AC lot

    Building lot near Schweitzer Village with mountain and lake views.

    View details
    Prime Development Land on Highway
    Prime Development Land on Highway

    Biggs-Rufus Hwy, Wasco, OR 97065

    $2,600,000
    19.00 AC lot

    19-acre commercial land with high visibility and road frontage.

    View details
    Zoned Multi-Residential Land Lot
    Zoned Multi-Residential Land Lot

    111 Cabarton Road, Cascade, ID 83611

    $125,000
    0.48 AC lot

    Residentially zoned land with city services nearby and driveway installed, offering multiple dwelling and approved use options.

    View details
    High-Visibility Development Site in Des Moines
    High-Visibility Development Site in Des Moines

    21815 Pacific Hwy S, Des Moines, WA 98198

    $5,242,750
    104,980 sqft 2.40 AC lot

    Prime 2.4-acre development site near Kent Des Moines Light Rail.

    View details

    Off-Market Properties in Spokane, WA

    Consider similar Off-Market properties in Spokane, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    801 Division St
    HOTEL/MOTEL

    801 Division St, Spokane, WA 99202-1614

    $1,565,000
    Estimated value
    14,417 sqft 2.28 AC lot
    View details
    104 4th Ave
    HOTEL/MOTEL

    104 4th Ave, Spokane, WA 99202

    $1,635,000
    Estimated value
    55,855 sqft 2.18 AC lot
    View details
    322 Spokane Fls Ct
    HOTEL/MOTEL

    322 Spokane Fls Ct, Spokane, WA 99201-0238

    Value Estimation by Request
    46,255 sqft 2.06 AC lot
    View details
    3809 Geiger Blvd
    HOTEL

    3809 Geiger Blvd, Spokane, WA 99224-5427

    Value Estimation by Request
    50,203 sqft 7.26 AC lot
    View details
    115 Wn Riv Dr
    HOTEL

    115 Wn Riv Dr, Spokane, WA 99201-2253

    $3,775,000
    Estimated value
    67,325 sqft 1.29 AC lot
    View details
    20 Pineridge Ct
    HOTEL/MOTEL

    20 Pineridge Ct, Spokane, WA 99208-7018

    $2,835,000
    Estimated value
    1,264 sqft 0.32 AC lot
    View details
    9 Mayfair Ct
    HOTEL/MOTEL

    9 Mayfair Ct, Spokane, WA 99208

    $2,835,000
    Estimated value
    1,264 sqft 0.23 AC lot
    View details
    19 Mayfair Ct
    HOTEL/MOTEL

    19 Mayfair Ct, Spokane, WA 99208

    $2,835,000
    Estimated value
    1,264 sqft 0.37 AC lot
    View details
    15 Rockwood Blvd
    HOTEL/MOTEL

    15 Rockwood Blvd, Spokane, WA 99204-2311

    $8,575,000
    Estimated value
    41,981 sqft 1.17 AC lot
    View details
    9508 Division St
    HOTEL

    9508 Division St, Spokane, WA 99218-1201

    $635,000
    Estimated value
    3,078 sqft 1.93 AC lot
    View details
    401 Riverpoint Blvd
    HOTEL

    401 Riverpoint Blvd, Spokane, WA 99202-1618

    Value Estimation by Request
    38,247 sqft 4.01 AC lot
    View details
    4301 Sunset Blvd
    HOTEL

    4301 Sunset Blvd, Spokane, WA 99224-5157

    $6,250,000
    Estimated value
    45,073 sqft 2.26 AC lot
    View details
    2834 Sunset Blvd
    HOTEL/MOTEL

    2834 Sunset Blvd, Spokane, WA 99224-1110

    $525,000
    Estimated value
    5,333 sqft 0.69 AC lot
    View details
    333 Spokane Fls Blvd
    HOTEL/MOTEL

    333 Spokane Fls Blvd, Spokane, WA 99201-0211

    Value Estimation by Request
    536,438 sqft 1.70 AC lot
    View details
    1 Post St
    HOTEL/MOTEL

    1 Post St, Spokane, WA 99201-0711

    $5,795,000
    Estimated value
    8,470 sqft 0.21 AC lot
    View details
    10 Post St
    HOTEL/MOTEL

    10 Post St, Spokane, WA 99201-3902

    $41,490,000
    Estimated value
    1.07 AC lot
    View details
    111 Post St
    HOTEL/MOTEL

    111 Post St, Spokane, WA 99201-3913

    $5,550,000
    Estimated value
    50,869 sqft 0.61 AC lot
    View details
    303 Wn Riv Dr
    HOTEL/MOTEL

    303 Wn Riv Dr, Spokane, WA 99201-2255

    $19,530,000
    Estimated value
    45,809 sqft 6.89 AC lot
    View details
    2901 Elliott Dr
    HOTEL/MOTEL

    2901 Elliott Dr, Spokane, WA 99224-5808

    Value Estimation by Request
    6,863 sqft 1.09 AC lot
    View details
    1417 Division St
    HOTEL/MOTEL

    1417 Division St, Spokane, WA 99202

    $525,000
    Estimated value
    3,760 sqft 0.17 AC lot
    View details
    3004 8th Ave
    HOTEL/MOTEL

    3004 8th Ave, Spokane, WA 99224

    Value Estimation by Request
    1,211 sqft 1.21 AC lot
    View details
    211 Division St
    HOTEL/MOTEL

    211 Division St, Spokane, WA 99202-1424

    $2,335,000
    Estimated value
    35,000 sqft 1.01 AC lot
    View details

    Spokane, WA Hotels Market Trends and Statistics

    Explore 72 hotels for sale in Spokane, WA on our real estate platform. These investment opportunities span a total of 1 square feet of properties for sale, with an estimated market value of $4,195,000.

    Sale prices for resorts in Spokane, WA start at $0.00, averaging $2,097,500, and reaching up to $4,195,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 3
    Motels 2

    Demographics Overview

    Population 390K
    Population Growth (5Y) +8.1%
    Median Household Income $73,015
    College Educated 35.9%

    High-Yield Neighborhoods for Investment

    Identify Spokane submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    99201 $4.2M
    99216 $6.5M

    Taxes & Financing

    Tax Rate (average for all types) 0.86%
    Property Tax per SF $10.24 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Spokane County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Spokane fall within the 10,000 to 25,000 square foot range.

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    Most Searched ZIP Codes in Spokane, WA

    • 99201
    • 99216

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