Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Coldwell Banker Tomlinson Associates
Property view
Listing view 2
Listing view 3

90 2nd Street, 
Asotin, WA 99402

$550,000


Bed


Bath


3,513

Sq Ft


Multi-Family

Active

208-746-7400

Last updated:

June 15, 2025, 02:05 PM

MLS#

98948809

Source:

ID IMLS

Company Logo

About This Home

90 2nd Street

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 re-activate fuel pumps.

Home Facts

Multi-Family

Built in 1969

Price Summary

550,000

$156 per Sq. Ft.

MLS #:

98948809

Last Updated:

June 15, 2025, 02:05 PM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

3,513 Sq. Ft.


Structure

Structure

Building Area:

3,513 Sq. Ft.

Year Built:

1969


Lot

Lot Size (Sq. Ft):

16,988


Finances & Disclosures

Finances

Price:

$550,000

Price per Sq. Ft:

$156 per Sq. Ft.

Source:ID IMLS
Property information provided by the RAFGC MLS – a service of the REALTOR® Association of Franklin & Gulf Counties.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.