501 N 4th Ave - Hospitality FOR SALE


Sandpoint, ID 83864- Bonner
$1,800,000 USD
208-400-5740
501 N 4th Ave, Sandpoint, ID for Sale
$1,800,000 USD
Hospitality - FOR SALE
1/54
null | Request Cap Rate

501 N 4th Ave
Sandpoint, ID 83864
Bonner


HIGHLIGHTS

  • Great Downtown Location
  • Established Business

OVERVIEW

Rare opportunity to acquire a landmark boutique motel in the heart of downtown Sandpoint. The K2 Inn is a beloved hospitality asset steps from dining, shopping, Lake Pend Oreille, and City Beach - with Schweitzer Mountain Resort just a short drive away. The property features 19 rentable units, including a spacious 3-bedroom former innkeeper's quarters - perfect for an owner-operator or additional rental income. Eleven of the 19 units have been recently remodeled with modern amenities and kitchenettes throughout. Additional highlights include a commercial laundry facility, off-street parking, and a recently replaced roof. Zoned Commercial A, the K2 Inn offers exceptional operational flexibility and strong upside potential. Outstanding reviews across Airbnb, Google, Yelp, and TripAdvisor reflect years of consistent hospitality and a loyal repeat guest base. An irreplaceable downtown location in one of Idaho's most desirable resort communities makes this a truly turnkey opportunity.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$185 USD /SF

# OF ROOMS

18

PRICE/ROOM

$100,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

K2 Inn

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1963

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

Commercial A

APN/PARCEL ID

RPS01-290-19007AA

ASK ABOUT THIS PROPERTY

Jeremy BrownNorthwest Realty GroupMore Info
208-400-5740

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Jeremy BrownNorthwest Realty GroupMore Info
208-400-5740

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