You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $385,000
Hotels

531 Woodin Ave Chelan, WA 98816-9148

1,275 SF 0.19 ac lot Built 1912
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US90-1917991
Property summary
AI-generated overview

This exceptional investment opportunity presents a profitable, turnkey business in the heart of Lake Chelan, WA. The Deep Water Inn is a premier destination boasting a historic inn and a thriving walk-up cafГ©, all situated on a desirable corner lot at 531 E Woodin Avenue. The property includes seven guest units, each with its own private bathroom and outdoor entry, providing guests with comfort and privacy. Operational efficiency is enhanced by an on-site office, laundry facilities, storage space, and an ice machine room. A separate manager's unit adds to the convenience and functionality of the property. The well-maintained landscaping complements the ample private and street parking available, ensuring ease of access for both guests and staff. The Inn enjoys excellent traveler ratings and positive restaurant reviews, demonstrating its established reputation and strong customer base. All business inventory is included in the sale price of $999,000, making this a truly ready-to-operate venture. The property's prime location offers significant street exposure, attracting a steady flow of customers. Future bookings are already in place, ensuring a smooth transition for the new owner. This rare opportunity combines excellent real estate with a successful, established business, presenting a unique chance to capitalize on a thriving tourism market or to further develop the existing operation.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1912
Total area 1,275 SF
Lot 0.19 ac (8,276 SF)
APN 272213512379
UPID US90-1917991
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k
Owner & transaction history
Deep Water Investments LLC · 1 yrs held
Deep Water Investments LLC
since 2025
Last sale
$399,000
4 recorded transactions
2025
$109,988
2019
Price N/A
2018
$399,000
2013
$289,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 531 Woodin Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message