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38820 Hwy 706 E Ashford, WA

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For Sale
$3,750,000

37-key lodging asset near Mt. Rainier National Park entrance.

Property size:
12,258 SF
Lot size:
2.74 Acres

Property Features for 38820 Hwy 706 E

General Information

Size
12,258 SF
Lot size
2.74 Acres

Source: Crystal Investment Property LLC Agent Joseph Kennedy

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


Overview

Gateway Inn Near Mt. Rainier

The Gateway Inn at Mt. Rainier is a 37-key, midscale, limited-service property in Ashford, Washington, located directly outside the year-round Nisqually Entrance to Mount Rainier National Park. The property includes 14 standard and suite guest rooms, 15 standalone cabins with private bathrooms, and 8 RV sites with partial utility hookups. Situated on approximately 2.7 acres, the site includes picnic tables, portable restroom facilities, and on-site owner/manager quarters. There is also space available for approximately 10 tent camping sites. Originally built in 1935 and last renovated in 1986, the property has direct frontage along State Route 706. Former café, general store, and gift shop areas have been converted into lobby and room space, with high-visibility potential for reconversion to retail, food, or beverage use. The property captures high traffic volumes and benefits from frequent gate wait times. Mount Rainier National Park welcomed over 1.5 million visitors in 2023. The area continues to benefit from recreation-driven development, including the White Pass Ski Resort expansion, which further extends lodging demand beyond peak summer months. The property's unbranded status allows for operational flexibility and offers clear upside through targeted upgrades, commercial reconversion, and future site expansion. Ashford is the closest town to the park’s only year-round entrance, making it a basecamp for outdoor activities throughout the year. The building size is approximately 12258 square feet.
Location Intelligence

Current Use by Public Records

Hotels

Map

City
Ashford
County
Pierce
State
Washington
Longitude
-122.0309409
Latitude
46.7584413

FAQs

What type of property is this?
Hotel - 37-key lodging asset near Mt. Rainier National Park entrance.
Where is this hotel located?
The property is located at 38820 Hwy 706 E Ashford, WA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: - Located directly outside the Nisqually Entrance to Mount Rainier National Park, ensuring high visibility.; - Mixed lodging asset with 37 keys: 14 rooms, 15 cabins, and 8 RV sites, plus potential for 10 tent sites.; - Unbranded status allows for operational flexibility and upside through targeted upgrades.
More about this property
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