2922 Hartson Ave Spokane, WA 99224
- Hotels
- 2,434 SF
- 0.65 lot acres
Current Use by Public Records
- Shangri-La Motel / Motel
Property Details for 2922 Hartson Ave
- Year built
- 1957
- Lot size
- 0.65 lot acres
- Property size
- 2,434 SF
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 25231.5307
- APU
- 252315307
Description
This exceptional investment opportunity presents a 21-unit motel in Spokane, WA, totaling 11,308 square feet across three buildings constructed between 1957 and 1963. Situated on approximately 28,328 square feet of land, plus additional adjacent parcels, the property boasts a convenient location, less than a mile from downtown Spokane and a short 5-minute drive to Spokane International Airport. Easy I-90 access enhances its appeal. The motel enjoys consistent occupancy and offers flexible pricing for nightly or extended stays, catering to a diverse clientele. Its proximity to Indian Canyon Golf Course adds to its attractiveness. The asking price is $1,600,000, translating to $141.49 per square foot. The property's APNs are 25234.0101, 25234.0108, 25231.5307, 25231.5305, 25231.5401, and 25231.5409. Seller financing may be considered for a qualified buyer. This presents a strong opportunity for a new generation of motel operators to capitalize on the expanding Spokane market. Please note that residents should not be disturbed.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spokane
- County
- Spokane
- State
- Washington
- Longitude
- -117.455
- Latitude
- 47.6504
- CBSA code
- 44060
- CBSA name
- SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA
