1111 Washington St - Hospitality FOR SALE


Pella, IA 50219
$1,300,000 USD
641-628-4282
1111 Washington St, Pella, IA for Sale
$1,300,000 USD
Hospitality - FOR SALE
1/47
null | Request Cap Rate

1111 Washington St
Pella, IA 50219


OVERVIEW

Own a Piece of Pella History! This rare and remarkable property is located just a couple of blocks from historic downtown Pella. Truly one-of-a-kind blending character, scale, and adaptability, making it well suited for hospitality, boutique lodging, office use, event space, or a creative mixed-use concept. Designed for entertaining and service, the property features a full commercial kitchen and multiple gathering spaces, including a second-floor room surrounded by windows, formerly known as the “Garden Room.” Additional areas include a cozy basement space, once known as De Kelder, with built-in benches, a distinctive attic level, and rooftop access, each offering potential for meetings, retreats, dining, or private functions. The property includes 17 guest rooms, including 2 with bunk beds and a spacious suite. Additional accommodations include a studio apartment, a bright sunroom, and flexible spaces that allow both guests and owners to feel at home. Practical features include efficient flow throughout the building, a large parking lot, ample storage, and office space, supporting a wide range of future uses. The property includes most of the furniture currently on-site, including some original Strawtown Inn furniture. Rich in history and ideally located near Pella’s shops, dining, and cultural attractions, 1111 Washington presents a distinctive opportunity with endless possibilities for its next steward. All due diligence is the responsibility of the buyer.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$60 USD /SF

# OF ROOMS

17

PRICE/ROOM

$76,471 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel, undefined

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1880

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,627 SF

ZONING

-

APN/PARCEL ID

1585600100

ASK ABOUT THIS PROPERTY

Leasa JansenPella Home RealtyMore Info
641-628-4282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Leasa JansenPella Home RealtyMore Info
641-628-4282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.