Undisclosed Leavenworth, WA 98826
For Sale
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This exceptional investment opportunity presents a meticulously maintained lodging establishment and a 96-unit self-storage facility nestled in the charming town of Plain, near Leavenworth, Washington. Situated on 4.31 acres of Rural Commercial zoned land in Chelan County, this property offers substantial income potential from two complementary businesses. The lodging component provides consistent revenue streams, while the self-storage facility boasts high occupancy rates. The property's strategic location within a picturesque and popular tourist destination ensures a steady flow of customers for both businesses. Adding to its appeal is an additional 4.6 acres of land included in the sale, providing significant potential for future expansion. This expansive parcel offers numerous development possibilities, including the addition of more storage units, construction of new residential or commercial buildings, or the creation of recreational amenities to further enhance the profitability of the existing businesses. The current operations are well-established and efficiently managed, providing a solid foundation for a new owner to build upon. This turnkey operation presents a rare opportunity to acquire a thriving business with significant upside potential in a desirable location. The asking price is $5,400,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.