90 2nd Street, Asotin, WA 99402

Local realty services provided by:ERA West Wind Real Estate
#1#2#3
90 2nd Street,Asotin, WA 99402
$550,000
  • - Beds
  • - Baths
  • 3,513 sq. ft.
  • Multi-family
  • Active
Listed by:levi gibson
Office:coldwell banker tomlinson associates
MLS#:98948809
Source:ID_IMLS

Price summary

  • Price:$550,000
  • Price per sq. ft.:$156.56

About this home

The Asotin Lodge! Cash cow investment property at a 10% CAP Rate with additional upside. Full renovation in the early 2000s, make this property clean and solid. 4 hotel rooms are new with kitchenettes are bringing in ~$22.9k NET annually leasing to traveling nurses. Restaurant space is on a Triple-Net Lease at $2,730/month. THE UPSIDE --> Hotel rooms are only leveraged at approx 50% capacity because they are not being marketed. Landlord owns the restaurant kitchen trade fixtures, but tenant maintains them. Restaurant lease is up in Aug 2026, but option to extend. Fuel tanks from the gas station are still available. They have been placed in inactive status, but the owners have kept up on all the state inspections and have protection equipment on them. Land to the West of the lodge is part of this parcel, and had been planned for RV Spaces or considered Jet Boat storage bays. Buyer to verify feasibility of the possibilities of the extra lot space and what would be required to

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Home facts

  • Year built:1969
  • Listing Id #:98948809
  • Added:77 day(s) ago
  • Updated:July 31, 2025 at 11:06 PM

Rooms and interior

  • Living area:3,513 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall/Window Unit(s)

Structure and exterior

  • Year built:1969
  • Building area:3,513 sq. ft.
  • Lot area:0.39 Acres

Schools

  • High school:Asotin
  • Middle school:Asotin
  • Elementary school:Asotin

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$156.56
  • Tax amount:$3,343 (2024)
Property information provided by the RAFGC MLS – a service of the REALTOR® Association of Franklin & Gulf Counties.

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