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Mixed-Use Property with Lodging
New
For Sale
$399,000

90 2nd St, Asotin, WA 99402

Four guest rooms with kitchenettes accompany restaurant space under a triple-net lease.

Property Size3,513 SF
Price / SF$113.58
Days on Market2

Property Features for 90 2nd St

General Information

Standard status Active
Size 3,513 SF
Property subtype Multi-Family

Additional Details

Cap Rate 10%

Building Details

Year Built 1969
Listing Agency: Coldwell Banker Tomlinson Associates
Listed By: Levi Gibson, Kristin Gibson · License #SP00023337
Source: Truenorthrealestategroupllc
Added: Oct 4 Last Checked: Oct 4 at 2:29PM

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.

This 3,513-square-foot mixed-use property combines lodging accommodations and restaurant space. Four recently updated guest rooms include kitchenettes and are leased to traveling nurses. The building dates to 1969 and underwent a full renovation in the early 2000s. Restaurant kitchen trade fixtures belong to the landlord, with maintenance handled by the tenant.

The restaurant operates under a triple-net lease that expires in August 2026, with an option to extend. Inactive fuel tanks remain on site; state inspections have been maintained and protective equipment is in place. A portion of the parcel west of the lodge has been considered for RV spaces or jet boat storage bays, subject to feasibility and any requirements for reactivating the fuel pumps.

Key Highlights

  • 3,513 SF mixed‑use property with lodging and restaurant space
  • Four guest rooms with kitchenettes are leased to traveling nurses
  • Restaurant space is subject to a triple‑net lease expiring in August 2026, with an extension option

Property Analytics

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Current Use

Matt's Grill & Lodge Bar & Pub

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Auto Parts Store Bakery Kitchen & Bath Showroom Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

97
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four guest rooms with kitchenettes accompany restaurant space under a triple-net lease.
Where is this mixed-use property 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: 3,513 SF mixed‑use property with lodging and restaurant space; Four guest rooms with kitchenettes are leased to traveling nurses; Restaurant space is subject to a triple‑net lease expiring in August 2026, with an extension option
More about this property
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