2044 W Woodin Ave - Hospitality FOR SALE


Chelan, WA 98816
$2,450,000 USD
509-670-4972
2044 W Woodin Ave, Chelan, WA for Sale
$2,450,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

2044 W Woodin Ave
Chelan, WA 98816


HIGHLIGHTS

  • 10-room motel with established operations
  • Outdoor pool amenity
  • Positioned in a high-demand recreational/tourism market
  • Expansion potential for value-add upside
  • Located one block from Lake Chelan
  • Returning customer base / turnkey opportunity

OVERVIEW

Lake Chelan Motel is a 10-room, turnkey hospitality asset located at 2044 W Woodin Ave. in Chelan, WA. Situated one block from Lake Chelan and near Lakeside Park, the property benefits from strong tourism demand in a well-established recreational market. The offering includes two parcels totaling approximately 0.46 acres and features a classic motor lodge layout with a nostalgic lakeside aesthetic. The property is an operating business with returning clientele, providing immediate income potential. On-site amenities include a sparkling outdoor pool, and the site offers expansion potential, presenting investors with both stabilized cash flow and upside opportunity. Priced at $2,450,000, this is a rare opportunity to acquire a vintage lodging asset in Washington’s highly sought-after Lake Chelan market.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$294 USD /SF

# OF ROOMS

10

PRICE/ROOM

$245,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lake Chealn Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

21,113 SF

ZONING

Commercial/ Tourist Accom

APN/PARCEL ID

10726,45439

ASK ABOUT THIS PROPERTY

Mary SignorelliRE/MAX Advantage-Lake ChelanMore Info
509-670-4972

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Mary SignorelliRE/MAX Advantage-Lake ChelanMore Info
509-670-4972

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