SQUARE FEET24,374
MLS#98935669
STATUSActive
PROPERTY TYPECommercial - Retail
Property Description
Exciting Investment Opportunity: Quality Inn Hotel at the mouth of Hells Canyon! Discover a prime investment opportunity with this established Quality Inn Hotel, proudly affiliated with Choice Hotels International, located at the breathtaking entrance of Hells Canyon. This 52-key hotel, built in 1995 and situated on a generous 2.401 acres, offers a gateway to a world of outdoor adventure. Immerse yourself in various thrilling activities, including hunting, fishing, golfing year-round, snowmobiling, attending the NAIA baseball tournament, and jet boating into the stunning Hells Canyon. The property was recently remodeled in 2024, enhancing its appeal with updated facilities and modern comforts for guests. This hotel is a solid investment with an impressive occupancy rate of 72.7% in 2023 and a cap rate of 9.67%. Additionally, the city has granted preliminary approval for a potential 30 RV hookup park or an exciting hotel expansion, opening doors to further revenue opportunities.
Property Features
Property Type: Commercial - Retail
Cooling: Central Air, Wall/Window Unit(s)
Heating: Forced Air, Wall Furnace
Lot Size: 2.40 Acres
Roof Type: Composition
Year Built: 1995
Amenities
Paved Outside Area
Feature Descriptions
Building Features: Lighting
Construction Materials: Frame, Metal Siding
Days on Site: 480
Exterior: Frame, Metal
Flooring: Concrete, Other
Lot: 1 - 4.99 Acres
Parcel#: RPL355W0053325, RPL355W0053302
Possible Use: Land Suitable(Multifamily, Other), Hotel/Motel Suitable(Full Service), Multi Family Suitable(Mobile Home/RV Community), Retail Suitable(Other)
Utilities: Sewer Connected
Water: City Service
Zoning: C-6
Listed By / Shown By
Listed By
Agency Name: Kelly Right Real Estate
Agency Phone: 509-489-7000
Shown By
Agent Name: Kristin Gibson
Agent Phone: (208) 791-2740
Agency Title: Coldwell Banker Tomlinson Quad Cities
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| MLS# 98935669
This commercial property located at , Lewiston, ID 83501 is currently listed for sale with an asking price of $6,700,000. Search Lewiston real estate on kgibson.cbquadcities.com today.