Hotel and Triple-Net
For Sale
$399,000
Pending
90 2nd St, Asotin, WA 99402
Asotin Lodge features renovated lodging with leased rooms plus a triple-net restaurant space.
Property Size3,513 SF
Days on Market473
Property Features for 90 2nd St
General Information
Standard status
Pending
Size
3,513 SF
Financials
Cap Rate
10%
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$3,343
Listing Agency:
Coldwell Banker Tomlinson Associates
Listed By:
Levi Gibson · License #7571748
(208) 746-7400
Source:
Exprealty
Added: May 21, 2025
Changed: Sep 4
Last Checked: Sep 4 at 9:51AM
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 Associates
Investment Insights
Based on property information with market context.
The Asotin Lodge is a for-sale hospitality property with hotel room accommodations and an on-site restaurant. The property underwent a full renovation in the early 2000s, and four hotel rooms are newer and include kitchenettes. The hotel rooms are currently leased to traveling nurses. The restaurant space operates under a triple-net lease, with the landlord owning the restaurant kitchen trade fixtures while the tenant maintains them.
An additional lot to the west of the lodge is included in the parcel and previously was planned for RV spaces or considered for jet boat storage bays; feasibility and any requirements would need to be verified by the buyer. Fuel tanks from an included gas station are still available and have been placed in inactive status, while owners have kept up with state inspections and protection equipment on the tanks. The restaurant lease is set to expire in August 2026, with an option to extend.
An additional lot to the west of the lodge is included in the parcel and previously was planned for RV spaces or considered for jet boat storage bays; feasibility and any requirements would need to be verified by the buyer. Fuel tanks from an included gas station are still available and have been placed in inactive status, while owners have kept up with state inspections and protection equipment on the tanks. The restaurant lease is set to expire in August 2026, with an option to extend.
Key Highlights
- Investment property operating as the Asotin Lodge with leased hotel rooms and a triple‑net restaurant space
- Hotel rooms: 4 rooms are new with kitchenettes, generating about $22.9k net annually from traveling nurses leases
- Restaurant space is on a triple‑net lease at $2,730/month; landlord owns the restaurant kitchen trade fixtures (tenant maintains)
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
97
Businesses Nearby
Explore this area
Business Placement
Demographics for 99402, WA
1,814
Population
843
Households
2.2
Avg Household Size
48
Median Age
26%
College-Educated
84%
High-School Grad
336.3 sq mi
ZIP Area
5
Density / Sq Mi
$80,428
Median Household Income
$50,714
Median Earnings
$1,008
Median Rent
$295,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Asotin Lodge features renovated lodging with leased rooms plus a triple-net restaurant space.
Where is this hotel located?
The property is located at 90 2nd St Asotin, WA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Investment property operating as the Asotin Lodge with leased hotel rooms and a triple‑net restaurant space; Hotel rooms: 4 rooms are new with kitchenettes, generating about $22.9k net annually from traveling nurses leases; Restaurant space is on a triple‑net lease at $2,730/month; landlord owns the restaurant kitchen trade fixtures (tenant maintains)
