609 1St AveOdessa, WA 99159
- Hotels
Property Details for 609 1St Ave
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 507002001000
- APU
- 507002001000
Description
This exceptional 5,220 square foot commercial property located at 609 E 1st Ave, Odessa, WA presents a unique investment opportunity. The building, originally constructed in 1952 and extensively renovated in 1989, boasts twelve individual rooms, each ranging in size from 221 to 255 square feet. Recent improvements include a new roof installed in 2023 and an updated electrical panel in 2022, ensuring the property is well-maintained and ready for immediate operation. The property sits on a 1.45-acre lot, offering significant expansion potential. Interestingly, the north-facing parcel received permitting and approval for RV sites in 1999, though this plan was never implemented. Currently operating as a motel, this property is the only hospitality option in Odessa, providing a significant competitive advantage. Adding to its appeal is a spacious 1,500 square foot, two-bedroom apartment with a full kitchen and an upstairs loft, ideal for an owner/manager to reside on-site. This presents a rare chance to acquire a twelve-unit motel with virtually no competition in a thriving market. The motivated seller is eager to find the right buyer for this promising investment. The asking price is $599,900.
Location Insight
- City
- Odessa
- County
- Lincoln
- State
- Washington
- Latitude
- 47.3331
- Longitude
- -118.679
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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