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24-Unit Motor Inn For Sale
For Sale
$1,875,000

924 W Highway 2, Newport, WA 99156

24-unit motor inn with restaurant/bar and manager's quarters.

Property Size8,052 SF
Days on Market209

Property Features for 924 W Highway 2

General Information

Standard status Active
Size 8,052 SF
Property subtype Mixed Use

Building Details

Building Size 8,052 SF
Year Built 1955
Listing Agency: Coldwell Banker Tomlinson
Listed By: Ron Hansen · License #11522
Source: Cbcworldwide
Added: Jan 26 Changed: Aug 23 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

Current Use

Motels

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic

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

376
Businesses Nearby
1k
Monthly Visits Nearby
Well-served
Demand for This Use

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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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.
More about this property
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