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    147 Howerton Ave Ilwaco, WA 98624

    For Sale
    $1,950,000

    21-unit hotel and restaurant with harbor views in Ilwaco, WA.

    Property size:
    11,400 SF

    Property Features for 147 Howerton Ave

    General Information

    Size
    11,400 SF

    Building Details

    Year built
    1972

    Source: Brian Resendez, CCIM Agent Brian Resendez, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ilwaco Hotel & Restaurant Opportunity

    The Salt Hotel & Pub is a 21-unit hotel and restaurant situated on the Port of Ilwaco. Originally constructed in 1972 and recently renovated, the property offers a modern getaway. Guestrooms are furnished with comfortable beds and dockside decor. The family-friendly restaurant includes a full bar with indoor and outdoor seating and panoramic marina views. An upstairs harbor view event space accommodates up to 60 people, and a Norwegian-style sauna is located on-site. The property is located in Ilwaco, WA, near Cape Disappointment State Park and the Cape Disappointment Lighthouse. The Long Beach Peninsula, Columbia Pacific Heritage Museum, and Ilwaco Marina are also nearby. Ilwaco is located less than 30 minutes from Astoria, OR, and is a destination for residents of the Portland, OR and Seattle, WA metro areas. The property size is 11400 square feet.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Building Supply Clothing Store Department Store Grocery Store Discount Store Smoke and Vape Shop Home Appliance Store Gym & Fitness Skin Care Clinic Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Ilwaco
    County
    Pacific
    State
    Washington
    Longitude
    -124.003
    Latitude
    46.3352

    Nearby Similar for Sale

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    • $575,000
      0.32 Acres

      Ilwaco Bar & Shop Redevelopment

      Prime Ilwaco location, redevelopment opportunity.
      209 1St Ave, Ilwaco, WA 98624
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    FAQs

    What type of property is this?
    Hotel - 21-unit hotel and restaurant with harbor views in Ilwaco, WA.
    Where is this hotel located?
    The property is located at 147 Howerton Ave Ilwaco, WA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - Unique 21-unit hotel and restaurant with recent renovations; - Prime location on the Port of Ilwaco with panoramic marina views; - Onsite family-friendly restaurant with full bar and indoor/outdoor seating
    (503) 577-7710
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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
    147 Howerton Ave Ilwaco, WA 98624
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