24-Unit Motor Inn For
For Sale
$1,875,000
924 W Highway 2, Newport, WA 99156
24-unit motor inn with restaurant/bar and manager's quarters.
Property SizeContact for details
Lot Size0.65 Acres
Days on Market930
Property Features for 924 W Highway 2
General Information
Standard status
Active
Lot size
0.65 Acres
Listing Agency:
Coldwell Banker Tomlinson
(509) 991-2942
Listed By:
Ron Hansen · License #11522
(509) 991-2942
Source:
Exprealty
Added: Feb 5, 2024
Changed: Aug 20
Last Checked: Aug 22 at 10:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Tomlinson
Investment Insights
Based on property information with market context.
This property features a 24-unit motor inn located in Newport, Washington. The motor inn maintains a consistently high occupancy rate. Included in the sale is an attached 150-seat restaurant and bar building, which is currently unoccupied and presents several potential use options. The property also includes a 2-bedroom manager's quarters. The location provides direct exposure and easy access on Highway 2.
Key Highlights
- Consistently high occupancy rate makes this a strong investment.
- 24‑unit Motor Inn offering immediate income potential.
- Includes a 150‑seat attached restaurant and bar building.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
376
Businesses Nearby
1k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Golden China
Dining
1,452 visits/mo
0.5 miles
Demographics for 99156, WA
8,478
Population
4,981
Households
1.7
Avg Household Size
51
Median Age
21%
College-Educated
95%
High-School Grad
273.2 sq mi
ZIP Area
31
Density / Sq Mi
$59,040
Median Household Income
$39,590
Median Earnings
$788
Median Rent
$303,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Golden Spur Motor Inn — 924 US-2, Newport, WA 99156
- Newport Antler Motel — 220 N Washington Ave, Newport, WA 99156
Frequently Asked Questions
What type of property is this?
Motel - 24-unit motor inn with restaurant/bar and manager's quarters.
Where is this motel located?
The property is located at 924 W Highway 2 Newport, WA.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: Consistently high occupancy rate makes this a strong investment.; 24‑unit Motor Inn offering immediate income potential.; Includes a 150‑seat attached restaurant and bar building.
