165 S Washington St
Spokane WA 99201

Downtowner Motel

165 S Washington St Spokane WA 99201

Listing #: 681675 | Status: Available | Last Modified: 11/15/2024 |

For Sale
Craig Hunter
  • Phone:(208) 929-2929
  • Email:hunter@ccim.net
  • Office Name:Kiemle Hagood
  • Office Phone:(509) 783-7663
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,999,500.0
  • $/SF$ 76.1
  • Listing StatusAvailable
  • Days on Market184
  • Asset ClassHotel/Motel
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 0.01 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Building Information
  • Building StatusExisting
  • # of Buildings3
  • # of Floors2
  • # of Units
  • # of Elevators0
  • A/CYes
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF26270
  • Net Rentable Area26270
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF19525
  • Acres0.45
Property Type
  • Property TypeHotel/Motel
  • Office Type
  • Building Class
Location
  • CountySpokane
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaCBD & Periphery
  • Tax ID #35191.0504
  • Additional Parcels
  • ZoningDTG
Construction
  • Year Built1957
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction TypeBrick, Masonry

Downtowner Motel For Sale

Public Comments

Located in downtown Spokane on Washington Street and 2nd Avenue, The Downtowner Motel has 43 rental rooms and was built in two phases in the 1950s. This brick economy hospitality facility includes: 39 single rooms, 4 double rooms, 2 residential managers quarters. Each room has a tv, microwave and refrigerator. This turn-key business is staffed and has had positive revenue year over year. All rooms are non-smoking. The affordable housing demands in downtown Spokane is extremely high. All furniture fixtures and equipment are included. Financials' are available upon signing a non-disclosure agreement. Please do not disturb staff or guests. Showings by appointment only. No seller financing.

Listing Images