For Sale

$399,000

For sale

90 2n••••• St (Sign up for 50 free credits to unlock)Asotin, WA 99402

-Beds

-Baths

3,513Sq Ft Living

16,988Sq Ft Lot

1969Year Built

Property Description

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.

Property Facts & Features

Property Type: Multi Family
Status: For Sale
Listed: May 28, 2025
Price per Sq Ft: $114/sqft
ZIP Code: 99402
Cooling: Central Air, Wall/Window Unit(S)
Construction: Concrete, Log, Wood Siding
Property Tax (2025): $4,344/yr
Assessed Value: $408,100
County: Asotin
School District: Asotin-Anatone School District

Features & Amenities

Land Info

Lot Description: 10000SF - .49
Lot Size Acres: 0.3899908
Lot Size Dimensions: 00x00
Lot Size Square Feet: 16988

Utilities

Sewer Connected

Rental Info

Leasable Area Units: Square Feet

Multi-Unit Info

Number of Units: 5

Garage and Parking

Parking Total: 10

School Information

Elementary School: Asotin
Elementary School District: Asotin Anatone
High School: Asotin
High School District: Asotin Anatone
Middle School: Asotin
Middle or Junior School District: Asotin Anatone

Heating and Cooling

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

Other Property Info

Annual Tax Amount: 3344
Source Listing Status: Active
County: Asotin
Directions: On 2nd St in town of Asotin
Tax Year: 2024
Ownership: Fee Simple
Source Neighborhood: 0 Not Applic.
Parcel Number: 10440000800010000
Subdivision: 0 Not Applic.

Building and Construction

Total Square Feet Living: 3513
Year Built: 1969
Above Grade Finished Area Units: Square Feet
Below Grade Sqft Area Source: Square Feet
Building Area Total: 3513
Building Area Units: Square Feet
Construction Materials: Concrete, Log, Wood Siding
Living Area Units: Square Feet
Property Age: 57

Price & Event History

Date	Event	Price	$/Sq Ft
Feb 16, 2026	Price Changed	$399,000	$114
Sep 15, 2025	Price Changed	$499,000	$142
May 28, 2025	Listed	$550,000	$157

Property Tax History

Year	Tax	Assessed	Land	Building	Market
2025	$4,344	$408,100	$49,900	$358,200	$408,100
2024	$3,343	$306,300	$49,900	$256,400	$306,300
2023	$3,395	$306,300	$49,900	$256,400	$306,300
2022	$3,428	$306,300	$49,900	$256,400	$306,300
2021	$3,249	$306,300	$49,900	$256,400	$306,300
2020	$3,184	$288,000	$58,300	$229,700	$288,000
2019	$2,895	$288,000	$58,300	$229,700	$288,000
2018	$3,661	$288,000	$58,300	$229,700	$288,000
2017	$3,361	$288,000	$58,300	$229,700	$288,000
2016	$3,347	$288,000	$58,300	$229,700	$288,000
2015	$3,414	$288,000	$58,300	$229,700	$288,000
2014	$3,139	$264,300	$58,300	$206,000	$264,300

Nearby Schools

7/10
Asotin Jr Sr High School
Public · Middle, High · Grades 6-12
0.2 mi
5/10
Asotin Elementary School
Public · Elementary · Grades K-5
0.2 mi
NR
The Ohana Education Center
Private · Elementary, Middle · Grades K-8
4.3 mi