Property

Asotin, WA 99402 90 2nd Street

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Presented By: Coldwell Banker Tomlinson Associates
  • MLS# 98948809
  • 05/21/2025
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  • SQFT • 3,513

Home Details

The Asotin Lodge! Cash cow investment property at a 10% CAP Rate with additional upside. Full renovation in the early 2000s, make this property clean and solid. 4 hotel rooms are new with kitchenettes are bringing in ~$22.9k NET annually leasing to traveling nurses. Restaurant space is on a Triple-Net Lease at $2,730/month. THE UPSIDE --> Hotel rooms are only leveraged at approx 50% capacity because they are not being marketed. Landlord owns the restaurant kitchen trade fixtures, but tenant maintains them. Restaurant lease is up in Aug 2026, but option to extend. Fuel tanks from the gas station are still available. They have been placed in inactive status, but the owners have kept up on all the state inspections and have protection equipment on them. Land to the West of the lodge is part of this parcel, and had been planned for RV Spaces or considered Jet Boat storage bays. Buyer to verify feasibility of the possibilities of the extra lot space and what would be required to re-activate fuel pumps.
Presented By: Coldwell Banker Tomlinson Associates

Interior Features for 90 2nd Street

Other Interior Features

Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area Unit TypeSquare Feet
Fireplace Y/NNo
Heating Y/NNo

General for 90 2nd Street

Attached Garage No
Building Area UnitsSquare Feet
Cap Rate10.27
Carport Y/NNo
CityAsotin
Construction MaterialsConcrete, Log, Wood Siding
CoolingCentral Air, Wall/Window Unit(s)
CountyAsotin
Current UseOther
DirectionsOn 2nd St in town of Asotin
Elementary SchoolAsotin
Elementary School DistrictAsotin Anatone
Garage Y/NNo
HOANo
HOA Fee$
High SchoolAsotin
High School DistrictAsotin Anatone
Home Warranty Y/NNo
Land Lease Y/NNo
Living Area UnitsSquare Feet
Lot Size Square Feet16988.4
Lot Size UnitsAcres
MLS AreaAsotin - 2500
Middle/Junior High SchoolAsotin
Middle/Junior School DistrictAsotin Anatone
New ConstructionNo
Number Of Units Total5
OwnershipFee Simple
Property Attached Y/NNo
Property SubtypeOther
Property TypeResidential Income
Senior Community Y/NNo
StatusActive
Subdivision Name0 Not Applic.
Tax Annual Amount3343.79
Tax Year2024
UtilitiesSewer Connected
Year Built1969

Exterior for 90 2nd Street

Building Area Total3513
Lot Dimensions00x00
Lot Features10000SF - .49
Lot Size Acres0.39
Lot Size Area0.39
Open Parking Y/NNo
SpaNo
Total Parking10
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Asotin High School
Middle School Asotin Middle School
Elementary School Asotin Elementary School

Black Oak Agency

Price $550,000
MLS#98948809
List Date 05/21/2025
Property Type Income
Phone 208.954.2162
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