Commercial · Lewiston ID
address not available
Lewiston ID
$6,700,000
ActiveMLS® 98935669
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.
Interior
- Flooring Concrete, Other
- A/C Central Air, Wall/Window Unit(s)
- Heating Forced Air, Wall Furnace
Exterior and Construction
- Construction materials Frame, Metal Siding
- Exterior Paved Outside Area
- Roofing Composition
Utilities
- Utilities Sewer Connected, 110 Volt, Solar Panel - Financed
- Water City Service
Land and Lot
- Lot size 2.4 acres (104,544 sq ft)
Location and Zoning
- Zoning description C-6
- County Nez Perce
Schools
- School District Lewiston Independent School District 340
Parking and Garage
- Garage 51 - 100 Spaces
Listing Information
- Listing Agent
- Connor Ward
- Listing Office
- Kelly Right Real Estate
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