1258 Highway 141 - Hospitality FOR SALE


White Salmon, WA 98672
$1,195,000 USD
541-386-2330
1258 Highway 141, White Salmon, WA for Sale
$1,195,000 USD
Hospitality - FOR SALE
1/61
null | 6.11% Cap Rate

1258 Highway 141
White Salmon, WA 98672


HIGHLIGHTS

  • Turnkey restaurant, bar 80+ seats and outdoor patio
  • 4 cabins and 1 (2bd) apartment
  • 2 RV hook ups and excess land for events
  • Turn-key restaurant infrastructure with FF&E included
  • Seller Financing Available

OVERVIEW

Historic restaurant, bar and hospitality property near White salmon River. The Logs Inn is a turnkey historic restaurant and bar with four ‘cabin’ units, and a 2-bedroom apartment above the restaurant. The restaurant has 80+seats, patio, bar area and potential for outdoor events. 2 RV hook-ups are available. Located near the White Salmon River, BZ launch, Mt. Adams, Gifford Pinchot National Forest, and the Columbia River Gorge recreation corridor, The Logs Inn is well positioned gather locals and visitors drawn to year-round outdoor recreation. With limited lodging and dining options in the immediate area, the Loggs is a no brainer for a full service hospitality property. There is tremendous upside with increased marketing on the rentals, which are approved for both long term and short term stay. The RV hook ups have not been utilized nor has the lot for outdoor events. Lots of options here! The Logs Inn has been a community hub for 100 years and has an opportunity to again be the gathering place for the area.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$205 USD /SF

# OF ROOMS

5

PRICE/ROOM

$239,000 {currency}

CAP RATE

6.11%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Historic Restaurant, Cabins & Apartment

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1935

PARKING SPACES

13

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

GC

APN/PARCEL ID

04101114000300

ASK ABOUT THIS PROPERTY

Anne MedenbachCopper West Real EstateMore Info
541-386-2330

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

Anne MedenbachCopper West Real EstateMore Info
541-386-2330

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