90 2Nd St Asotin, WA 99402

This commercial property, known as the Asotin Lodge, presents a cash flow investment opportunity with a reported 10% capitalization rate and potential for increased revenue. The property underwent a full renovation in the early 2000s. Four hotel rooms, equipped with kitchenettes, generate approximately $22.9k net annually through leases to traveling nurses. The restaurant space is currently leased on a triple-net basis at $2,730 per month. The hotel rooms are reportedly operating at approximately 50% capacity due to limited marketing, suggesting an opportunity to increase occupancy rates. The restaurant lease is active until August 2026, with an option to extend. The landlord owns the restaurant kitchen trade fixtures, while the tenant is responsible for their maintenance. Fuel tanks from a former gas station are present on the property and have been placed in inactive status, though the owners have maintained state inspections and protection equipment. An adjacent land parcel to the west of the lodge is included, with previous plans for RV spaces or jet boat storage bays. The buyer would need to verify the feasibility of reactivating the fuel pumps and developing the extra lot space. The property is situated on a 0.39-acre lot and includes a 3,513 square foot building. The property is located in Asotin, WA.