701 Fountain Blvd Zillah, WA 98953-9090
Nestled in the heart of Washington's Yakima Valley Wine Country, this exceptional 7-room boutique inn presents a unique investment opportunity. The Zillah Lakes Inn boasts a prime lakefront location, offering guests stunning sunrise and sunset views, along with access to various water activities including paddle boarding, boating, swimming, and fishing from the private dock. Each of the seven tastefully appointed guest rooms features luxurious amenities, contributing to the inn's impressive 120+ five-star TripAdvisor reviews, a testament to its high-quality service and guest experience. The property operates as a highly profitable, turnkey business, ready for a new owner to continue its success. Room number seven includes a full kitchen, ideal for extended-stay guests seeking added convenience. This remarkable property offers a blend of tranquility, recreation, and lucrative business potential, making it an attractive investment in a thriving wine region. The property is situated at 701 Fountain Boulevard, Zillah, WA, and is offered at $1,500,000. The lot size is zero acres. The square footage is not specified. This is a general commercial property.
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Zillah Lakes Inn Hotel & Motel Bed & Breakfast
Commercial-Tourist (C-T). This zone is established to provide areas for commercial establishments, which generally offer accommodations, supplies, services or recreational opportunities for the traveling public. Such zones shall only be located on or near interchanges, state highway intersections, or along any generally recognized tourist route. G.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
CT · Zillah, WACommercial-Tourist (C-T). This zone is established to provide areas for commercial establishments, which generally offer accommodations, supplies, services or recreational opportunities for the traveling public. Such zones shall only be located on or near interchanges, state highway intersections, or along any generally recognized tourist route. G.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.