5310 Dickensheet Rd - Hospitality FOR SALE


Coolin, ID 83821
$3,500,000 USD
970-467-9177
5310 Dickensheet Rd, Coolin, ID for Sale
$3,500,000 USD
Hospitality - FOR SALE
1/29
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5310 Dickensheet Rd
Coolin, ID 83821


HIGHLIGHTS

  • The property combines motel, restaurant, lounge, RV park, retail, car wash, and laundry operations within one investment.
  • Located in the center of Coolin and approximately a five-minute walk from the Priest Lake marina.
  • Includes a 24-room motel with a manager's apartment and supporting hospitality amenities.
  • RV park improvements include 12 full pull-through hookups, shower facilities, and a cabin apartment.
  • Retail improvements include multiple storefronts that contribute additional income streams.
  • The property serves visitors drawn to year-round recreation opportunities around Priest Lake and the Selkirk Mountains.

OVERVIEW

Cash or Seller Financing with approved credit Investment Highlights: Website: theInnatPriestLake.com As one of North Idaho's most distinctive investment offerings, this 6.2 Acre, buildings totaling approximately 28,000 square feet, multi business property delivers three revenue sources, location in center of town, just 5 min walk from the Marina at Priest Lake that leases boat slips, and substantial future potential. Being in center of Coolin, ID, the two most popular restaurants are right next door. Nothing like it in the area, or around the lake. Featuring 24 room Motel, with Manager's Apt, Full Restaurant, Lounge/Bar, Large Meeting Room and offices. Large meeting room could be remodeled for additional motel rooms, possibly 6 to 8 rooms. RV Park with 12 Full Pull-Thru Hookups, almost totally full summer months, if wanted, new owner could keep open winter months as has all weather water hydrants. RV Park has shower rooms for RV'ers plus a cabin apartment that would be available for rent or employee housing. Retail Strip Center with 5,500 feet of leasable space currently built into 5 storefronts, plus car wash. Car wash and the Coin Laundry store front are additional income source for the motel property, the only Coin Laundry on the east side of Priest Lake. This turnkey, fully staffed property is rare opportunity for private getaway positioned for fishing, hunting, snowmobiling, boating, four wheeling and year round recreation around one of the largest lakes in northern Idaho, centered in the Selkirk Mountains.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$125 USD /SF

# OF ROOMS

24

PRICE/ROOM

$145,833 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Inn at Priest Lake

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1996

PARKING SPACES

91

LAND DETAILS

LAND ACRES

6.2 AC

LAND SF

270,072 SF

ZONING

R-5

APN/PARCEL ID

RP59N-04W-106000A

ASK ABOUT THIS PROPERTY

Bill MeyersOwner representativeMore Info
970-467-9177

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Bill MeyersOwner representativeMore Info
970-467-9177

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