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Motel with Triple-Net Restaurant Lease
For Sale
$399,000

90 2nd Street, Asotin, WA 99402

Residential Income, Asotin, WA

Property Size3,513 SF
Lot Size0.39 Acres
Price / SF$113.58
Days on Market457

Property Features for 90 2nd Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking 10
Subdivision 0 Not Applic.
Lot features 10000 S F - .49
Elementary school Asotin
Middle school Asotin
High school Asotin
Elementary school district Asotin Anatone
Middle school district Asotin Anatone
High school district Asotin Anatone
Directions On 2nd St in town of Asotin
Standard status Active
APN 10440000800010000
Size 3,513 SF
Lot size 0.39 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Ex. A
Tax Annual Amount 3344
Legal Description Ex. A

Utilities

Cooling system Central Air, Window Unit(s), Wall/Window Unit(s)

Building Details

Year built 1969
Number of units 5
Building materials Concrete, Log, Wood Siding
Listing Agency: Coldwell Banker Tomlinson Associates · Coldwell Banker Real Estate
Listed By: Levi Gibson · License #7571748
Added: May 21, 2025 Changed: Aug 19 Last Checked: Aug 20 at 8:06PM
MLS# 98948809

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Asotin Lodge is a motel property built in 1969 with approximately 3,513 square feet and a 0.39-acre parcel. Construction materials include concrete, log, and wood siding. The property is cooled with wall/window units, window units, and central air.

The on-site restaurant space is under a triple-net lease (restaurant kitchen trade fixtures are owned by the landlord, while the tenant maintains them). The restaurant lease is up in August 2026 with an option to extend. Fuel tanks from a nearby gas station are still available and currently placed in inactive status, with owners maintaining state inspections and protection equipment.

The parcel includes land to the west of the lodge as part of the same offering. That extra lot area was planned for RV spaces or considered for jet boat storage bays; buyers should verify feasibility and any requirements to re-activate fuel pumps. The property is also described as having hotel room utilization of approximately 50% due to not being marketed.

Key Highlights

  • 0.39‑acre parcel with approximately 3,513 square feet
  • Asotin Lodge motel built in 1969 with concrete, log, and wood siding
  • Cooling includes wall/window units, window units, and central air

Property Analytics

Current Use

Matt's Grill & Lodge Bar & Pub

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Auto Parts Store Bakery Kitchen & Bath Showroom Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby
Well-served
Demand for This Use

Demographics for 99402, WA

1,814
Population
843
Households
2.2
Avg Household Size
48
Median Age
26%
College-Educated
84%
High-School Grad
336.3 sq mi
ZIP Area
5
Density / Sq Mi
$80,428
Median Household Income
$50,714
Median Earnings
$1,008
Median Rent
$295,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Floch Hall Asotin County Fairgrounds Asotin, WA 99402

Frequently Asked Questions

What type of property is this?
Motel - Asotin Lodge motel property with restaurant space on a triple-net lease and an on-site restaurant tenant.
Where is this motel located?
The property is located at 90 2nd Street Asotin, WA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 0.39‑acre parcel with approximately 3,513 square feet; Asotin Lodge motel built in 1969 with concrete, log, and wood siding; Cooling includes wall/window units, window units, and central air
More about this property
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