414 N Park St - Hospitality FOR SALE


Chewelah, WA 99109
$50,000 USD
206-280-2312
414 N Park St, Chewelah, WA for Sale
$50,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

414 N Park St
Chewelah, WA 99109


HIGHLIGHTS

  • Built in 1998
  • Great Condition
  • Lease/Lease with Option Available

OVERVIEW

14-Room Interior Corridor Motel, Built 1998 Lease | Lease with Option to Purchase Chewelah, Washington | 7,764 SF | Business Zoned Exceptional opportunity to operate or acquire a well-maintained 14-room interior corridor motel located on Main Street in Chewelah, Washington — approximately one hour north of Spokane along Highway 395, the primary corridor connecting Spokane to Canada. This offering is flexible and designed for entrepreneurial operators or investors seeking one of the following structures: • Long-term lease ($6k rent/mo) • Lease with option to purchase (negotiable depending on experience, down payment, etc) ________________________________________ ?? Property Highlights • 7,764 square feet • Built in 1998 • Recently replaced roof • Modern electrical and plumbing systems • Interior corridor layout • Excellent overall condition • Business zoning allowing additional commercial uses ________________________________________ ?? Room Mix • 8 Double Queen rooms • 6 Single Queen rooms • 2-Bedroom Manager’s Apartment Ideal for owner-operator or on-site management model. ________________________________________ ?? Unique Value Add Opportunity A 20’ x 40’, two-story-high room originally designed for an indoor pool remains unfinished and offers significant upside potential. Potential uses include: • Boutique bed & breakfast transformation • Event or gathering space • Fitness center or spa • Additional revenue-generating commercial use • Specialty hospitality concept The business zoning provides flexibility beyond traditional lodging use. ________________________________________ ?? Outdoor Features • Creek running behind the property • Outdoor grill area • Swing and seating area • Attractive natural setting enhancing guest experience ________________________________________ ?? Location Highlights • Prime Main Street location • High traffic visibility • Positioned along Highway 395 (Spokane to Canada corridor) • Vibrant small-town community • Strong regional tourism, outdoor recreation, and business travel drivers ________________________________________ ?? Ideal Buyer / Operator Profile • Independent motel operator • Hospitality entrepreneur • Investor seeking hands-on opportunity • Regional operator expanding footprint • Buyer seeking flexible entry structure (lease-to-own available) ________________________________________ This is a rare opportunity to control a well-maintained interior corridor hotel with multiple entry options and value-add upside in a strong Eastern Washington corridor market. Additional property photos and info available. Proof of experience and/or financial capability required.

FOR SALE DETAILS

PRICE

$50,000 USD

PRICE/SF

$6 USD /SF

# OF ROOMS

14

PRICE/ROOM

$3,571 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chewelah Motel Lease/Option to Purchase

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1998

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

Commercial

APN/PARCEL ID

0290600

ASK ABOUT THIS PROPERTY

Lucas RothPellegoMore Info
206-280-2312

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Lucas RothPellegoMore Info
206-280-2312

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