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    90 2Nd St Asotin, WA 99402

    For Sale
    $499,000

    Other - Asotin, WA

    Property size:
    3,513 SF
    Lot size:
    0.39 Acres
    Days on Market:
    90
    Last Refresh:
    Dec 14 at 6:06 am

    Property Features for 90 2Nd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    10440000800010000
    Parking
    10
    Size
    3,513 SF
    Lot size
    0.39 Acres

    Building Details

    Year built
    1969
    Number of units
    5
    Architectural style
    Other

    Coldwell Banker Tomlinson Associates (208) 819-3003 [email protected]

    Listing agent Levi Gibson (208) 746-7400

    Listing date Sep 16, 2025

    MLS# 98948809 Listing URL

    Copyright © 2025 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Asotin Lodge Investment Opportunity

    The Asotin Lodge presents a cash flow investment opportunity with a 10% CAP Rate and potential for increased revenue. The property underwent a full renovation in the early 2000s. Four hotel rooms with kitchenettes generate approximately $22.9k NET annually through leases to traveling nurses. The restaurant space is leased on a Triple-Net basis at $2,730 per month. The hotel rooms are currently operating at approximately 50% capacity due to limited marketing. The landlord owns the restaurant kitchen trade fixtures, which are maintained by the tenant. The restaurant lease is up in August 2026, with an option to extend. Fuel tanks from a former gas station are still present on the property, placed in inactive status but maintained with state inspections and protection equipment. The 0.39-acre parcel includes land to the west of the lodge, which had been considered 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 located in Asotin, WA and the building size is 3,513 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Matt's Grill & Lodge Bar & Grill

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Hotel & Motel Auto Parts Store Gym & Fitness Kitchen & Bath HVAC Service Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Floch Hall Asotin County Fairgrounds

    Location Insight

    • Map
    • Local Demand
    City
    Asotin
    County
    Asotin
    State
    Washington
    Longitude
    -117.055193
    Latitude
    46.339942

    Nearby Similar for Sale

    • $499,000
      3,513 SF

      Asotin Lodge Investment Opportunity

      Commercial property with hotel, restaurant, and development potential.
      90 2Nd St, Asotin, WA 99402
      View Details

    FAQs

    What type of property is this?
    Motel - Hospitality property with restaurant, additional upside, and development potential.
    Where is this motel located?
    The property is located at 90 2Nd St Asotin, WA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - 10% CAP Rate investment property with additional upside potential.; - Four hotel rooms with kitchenettes generating ~$22.9k NET annually from traveling nurse leases.; - Restaurant space leased on a Triple-Net Lease at $2,730/month.
    (208) 746-7400
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    90 2Nd St Asotin, WA 99402
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