866 Highway 141 - Apartments FOR SALE


White Salmon, WA 98672
$1,650,000 USD
360-635-1047
866 Highway 141, White Salmon, WA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/30
null | 6.71% Cap Rate

866 Highway 141
White Salmon, WA 98672


HIGHLIGHTS

  • Offering Lodging, Icehouse Bar, & unique Culinary Experiences
  • Six Guest Room Suites + Living Quarters with Two-Bedrooms by The White Salmon River
  • Recognition in Sunset Magazine & The Wall Street Journal

OVERVIEW

Nestled just outside White Salmon, WA, in the breathtaking Columbia River Gorge, Ruby June Inn is a historic yet modern boutique lodging and event destination. Built in 1925, this well-established six-room inn blends timeless charm with contemporary amenities, offering year-round appeal in a thriving tourism market. Located near the White Salmon River and just an hour from Portland, Oregon, the inn also boasts proximity to Mount Hood, Mount Adams, and Hood River, making it a sought-after destination for travelers seeking both adventure and relaxation. RubyJune Inn offers versatile income opportunities, from intimate retreats and curated culinary experiences to memorable weddings and private celebrations. The six guest rooms, including a ground-floor ADA-compliant suite, have been thoughtfully updated to balance historic elegance with modern comfort. A beautifully renovated management quarters or primary home provides private living space, ideal for owners or on-site staff. Outdoor spaces include a serene, landscaped garden with brick walkways, mature trees, and sprawling wisteria, perfect for unwinding or hosting events. Adding to the property’s charm is an icehouse-turned-social space dating back to the 1890s. The inn features an updated commercial-grade kitchen and dining areas, making it ideal for exclusive events like the Chef Collective dinners, which bring together talented chefs for unique culinary experiences. Recognized by Sunset Magazine and The Wall Street Journal, RubyJune Inn has built a strong reputation for its carefully curated wine selections, community-driven events, and locally sourced dining. Perfectly positioned in The Gorge, the property is surrounded by world-class hiking, biking, and fishing, as well as whitewater rafting on the White Salmon River. RubyJune Inn is a rare opportunity to own a turnkey business with room for growth. The size of the inn does not require hospitality experience. Write your next chapter in this thriving destination!

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$5 USD /SF

# OF UNITS

7

PRICE/UNIT

$235,714

CAP RATE

6.71%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

866 Highway 141

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,138 SF

ZONING

RC

APN/PARCEL ID

04113052000200

ASK ABOUT THIS PROPERTY

Renee McAllisterCascade Hasson Sotheby's International RealtyMore Info
360-635-1047

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Renee McAllisterCascade Hasson Sotheby's International RealtyMore Info
360-635-1047

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