218 2nd St - Hospitality FOR SALE


Klickitat, WA 98628
$749,000 USD
425-418-3988
218 2nd St, Klickitat, WA for Sale
$749,000 USD
Hospitality - FOR SALE
1/27
null | Request Cap Rate

218 2nd St
Klickitat, WA 98628


HIGHLIGHTS

  • Prime Riverfront Location Situated on the banks of the Klickitat River with direct access and scenic views.
  • Limited Local Competition: Small market with constrained hotel supply, creating opportunity to capture unmet demand.
  • Tourism-Driven Location: Located in scenic Klickitat County near outdoor recreation, attracting year-round visitors.
  • Value-Add Opportunity: Underperforming asset with significant upside through improved management and repositioning.
  • Strong Weekend & Seasonal Upside Opportunity to capture peak demand from anglers and weekend travelers.

OVERVIEW

The Klickitat River Inn is for sale — a turnkey riverfront lodging business with a 5-star reputation, and a loyal base of returning guests. For the operator-investor looking for an established hospitality asset in the Columbia Gorge, this is the rare find. Situated directly on the banks of the Klickitat River on a corner lot with immediate water access, the property includes a charming 2-bedroom, 1-bathroom residence alongside a separate building housing four studio apartments. The business transfers with its name, its reviews, and its guest relationships — the hardest parts of building a hospitality operation are already done. The four studio units have been the engine of the Inn's 5-star reputation, drawing repeat guests who return for the Klickitat River fishing, whitewater rafting, kayaking, and year-round outdoor recreation the Gorge delivers. The on-site residence is ideal for an owner-operator or on-site manager — a genuine operational advantage for anyone looking to run the business hands-on. For the right buyer — an owner-operator, a hospitality investor, or someone looking to step into a working Gorge business rather than build one from scratch — the Klickitat River Inn offers an established reputation, an irreplaceable riverfront location, and immediate operational continuity.Located in the quiet community of Klickitat with easy access to scenic highways and the broader Columbia Gorge region, this is a rare opportunity to acquire a named, proven hospitality property in one of Washington's most desirable outdoor corridors.Note: Formal income documentation is not available for this property. Buyers are encouraged to conduct independent due diligence on future income potential and proforma.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$295 USD /SF

# OF ROOMS

5

PRICE/ROOM

$149,800 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Klickitat River Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1935

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,079 SF

ZONING

Rural Center (Commercial)

APN/PARCEL ID

04132350041700

ASK ABOUT THIS PROPERTY

Christina WoodReal Broker LlcMore Info
425-418-3988

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

Christina WoodReal Broker LlcMore Info
425-418-3988

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