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60-Key Interior-Corridor Hotel
New
For Sale
$5,950,000

501 Three Rivers Drive, Kelso, WA 98626

Select-service lodging asset with completed improvements and flexibility for a new brand affiliation.

Property SizeContact for details
Days on Market7

Property Features for 501 Three Rivers Drive

General Information

Standard status Active
Property subtype Land

Financials

Business Included Yes
Opportunity Zone Yes

Additional Details

Highway Access Yes

Building Details

Year Renovated 2025
Listing Agency: Crystal Investment Property LLC
Listed By: Joseph Kennedy · License #WA #118409
Source: Crystalip
Added: Sep 18 Changed: Sep 23 Last Checked: Sep 22 at 3:44PM

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 Crystal Investment Property LLC

Investment Insights

Based on property information with market context.

This 60-key hotel features interior corridors and a select-service, midscale format. A 2025 property improvement plan has been completed, and operations are stabilized. The asset also offers flexibility to operate under a national, regional, or independent flag. A private 60-year ground lease provides long-term site control, and the property is located within a Qualified Opportunity Zone.

The hotel occupies 501 Three Rivers Drive in Kelso, Washington, along the I-5 corridor at Exit 39. The Kelso-Longview Amtrak Station is less than 0.6 miles away, while the property is adjacent to Three Rivers Crossing, a retail and dining center. Reported demand sources include regional employers, the Port of Longview, healthcare, manufacturing, and year-round tourism.

Key Highlights

  • 60‑key hotel with interior‑corridor design
  • Completed 2025 PIP
  • 60‑year private ground lease in place

Property Analytics

Current Use

GuestHouse Kelso Longview Hotel & Motel Guesthouse Inn and Suites Hotel & Motel

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Skin Care Clinic Dental Office Furniture & Home Goods Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

618
Businesses Nearby

Demographics for 98626, WA

26,291
Population
10,642
Households
2.5
Avg Household Size
39
Median Age
15%
College-Educated
90%
High-School Grad
134.6 sq mi
ZIP Area
195
Density / Sq Mi
$70,058
Median Household Income
$40,996
Median Earnings
$1,169
Median Rent
$339,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Select-service lodging asset with completed improvements and flexibility for a new brand affiliation.
Where is this hotel located?
The property is located at 501 Three Rivers Drive Kelso, WA.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: 60‑key hotel with interior‑corridor design; Completed 2025 PIP; 60‑year private ground lease in place
More about this property
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