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    Lodge Motel with Triple-Net Restaurant Title is generated by Realmo AI

    90 2nd Street, Asotin, WA 99402

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    For Sale
    $399,000

    MULTI_FAMILY - Asotin, WA

    Property size:
    3,513 SF
    Lot size:
    0.39 Acres
    Price / SF:
    $113/SF
    Added:
    May 21, 2025
    Days on Market:
    392
    Last Refresh:
    Jun 16 at 3:06 pm

    Property Features for 90 2nd Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    10
    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

    Utilities

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

    Building Details

    Year built
    1969
    Number of units
    5
    Building materials
    Concrete, Log, Wood Siding

    We can help!

    Listing Contact
    Levi Gibson

    Listing agent Levi Gibson License #7571748

    Listing office Coldwell Banker Tomlinson Associates 325 Main St, Spokane, WA

    Listing date May 21, 2025

    MLS# 98948809 Listing URL

    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.

    HighLights

    • Hotel lodge built in 1969 with construction materials including concrete, log, and wood siding
    • Full renovation completed in the early 2000s
    • 4 hotel rooms with kitchenettes reportedly generate about $22.9k net annually leasing to traveling nurses
    • Restaurant space leased on a triple‑net basis at $2,730/month
    • Hotel rooms reportedly operating at ~50% capacity because they are not being marketed
    • Restaurant lease expires August 2026 with an option to extend; gas‑station fuel tanks remain on‑site in inactive status with maintained state inspections

    Overview

    The Asotin Lodge is a renovated lodge property that includes hotel accommodations and a separate restaurant space. The property underwent full renovation in the early 2000s, and four hotel rooms are described as newly added with kitchenettes. Those rooms are currently leased to traveling nurses, generating approximately $22.9k net annually based on the provided information. The restaurant space operates under a triple-net lease at $2,730 per month, and the landlord owns the restaurant kitchen trade fixtures while the tenant maintains them.

    The property is located at 90 2nd Street in Asotin, Washington (99402). The parcel also includes land to the west of the lodge, which had been planned for RV spaces or considered for jet boat storage bays, with the buyer instructed to verify feasibility and any requirements to reactivate fuel pumps. Fuel tanks from a former gas station remain available on the site; they are in inactive status, and the owners have maintained state inspections with protection equipment in place.

    This configuration may appeal to buyers seeking a mixed hospitality setup with both lodging and restaurant income components, along with on-site features related to prior fuel service and additional adjacent lot space. Interested parties should review the restaurant lease expiration in August 2026, including the noted option to extend, as well as confirm what can be supported on the extra lot area and the conditions for any reactivation work.
    Property Profile Location Intelligence

    Current Use by Public Records

    Matt's Grill & Lodge Bar & Pub

    Suggested Use

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

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

    Location Insight

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

    FAQs

    What type of property is this?
    Hotel - Asotin lodge with renovated hotel rooms and a triple-net restaurant lease in place through August 2026.
    Where is this hotel 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: Hotel lodge built in 1969 with construction materials including concrete, log, and wood siding; Full renovation completed in the early 2000s; 4 hotel rooms with kitchenettes reportedly generate about $22.9k net annually leasing to traveling nurses
    More about this property
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