Homes for sale - Address not disclosed, Lewiston, ID 83501

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Kelsie Zentner

kelsie.zentner@lptrealty.com +1(208) 866-7537

Listed by Connor Ward • Kelly Right Real Estate-Idaho

$ 6,700,000

Est. payment | -/mo

24,374 SqFt

Save

$ 6,700,000

Est. payment | -/mo

Save

24,374 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 24,374 sqft

Price per Sqft $274

MLS Listing ID 98935669

HOA Y/N No

Year Built 1995

Lot Size 2.400 Acres

Acres 2.4

Source IMLS 2

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.

Location

State ID

County Nez Perce

Area Lewiston - 2135

Zoning C-6

Interior

Heating Forced Air, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Concrete, Other

Fireplace No

Exterior

Exterior Feature Paved Outside Area

Utilities Available Sewer Connected

Roof Type Composition

Street Surface Paved

Building

Lot Description 1 - 4.99 Acres

Building Description Frame,Metal Siding, Lighting

Story 2

Water City Service

Structure Type Frame,Metal Siding

New Construction No

Others

Tax ID RPL355W0053325, RPL355W0053302

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

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+1(208) 866-7537

kelsie.zentner@lptrealty.com

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