701 Fountain Blvd - Hospitality FOR SALE


Zillah, WA 98953
$1,500,000 USD
509-952-1726
701 Fountain Blvd, Zillah, WA for Sale
$1,500,000 USD
Hospitality - FOR SALE
1/46
null | 7.7% Cap Rate

701 Fountain Blvd
Zillah, WA 98953


HIGHLIGHTS

  • Boutique Inn
  • Wine Country
  • Lakefront
  • Ameneties
  • 2nd vacant lot included
  • Solar panels

OVERVIEW

Welcome to Zillah Lakes Inn; an outstanding location and business opportunity awaits new vision and ownership for this remarkable 7 room boutique inn located in the heart of wine country. Rooms are tastefully curated with luxury features. Over 120 5-star TripAdvisor reviews this property is turnkey and highly profitable. The Inn is located right on lakefront property which allows for water recreation such as paddle boarding and boating, swimming or even fishing off the dock. Wonderful sunrises and sunsets on this beautiful property. Room number 7 offers a full kitchen perfect for long extended stay guests. Property includes solar panels and a separate vacant parcel that is zoned commercial and ready for expansion. Mini splits in each room are self-contained and are allowed to operate in pandemic scenarios. Very well managed Inn has cultivated relationships with local restaurants and wineries and draws guests from all over the region and even the world. This is truly a remarkable property with 7 rooms right in the heart of the Yakima Valley Wine Country.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$474 USD /SF

# OF ROOMS

7

PRICE/ROOM

$214,286 {currency}

CAP RATE

7.7%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

2017

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

CT

APN/PARCEL ID

201122-34489

ASK ABOUT THIS PROPERTY

Josh DeBoerJohn L Scott Real EstateMore Info
509-952-1726

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Josh DeBoerJohn L Scott Real EstateMore Info
509-952-1726

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.