WA > Colfax
Colfax, WA,615 S Main St
Colfax, WA,615 S Main St
Colfax, WA,615 S Main St
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Aurora Baker

Aurora Baker

Professional Realty Services International

+1(509) 578-8480
$1,490,000
Est. payment /mo
8,712 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial Sale

Listing Status Active

Purchase Type For Sale

MLS Listing ID 287813

HOA Y/N No

Year Built 1949

Annual Tax Amount $2,075

Lot Size 8,712 Sqft

Acres 0.2

Property Description

MLS# 287813 Located on 0.2 acres in Colfax, WA, this 9,250 sq. ft. hotel offers 20units, including 13 one-bed units, 5 two-bed units, 1 furnished apartment, and 1 unfurnished apartment. Built in 1949 with new flooring, the property also includes an office, laundry room and four storage closets. Its prime location is 30-minutes from Washington State University, the University of Idaho, and the regional airport, drawing steady demand year-round. From college football games and parent weekends to festivals and community events like the Lentil Festival, the area provides a constant flow of activity. With a long history of both short- and long-term tenants, this property is a reliable and versatile investment in a thriving college-town community. If you are looking to owner operate this property quickly turns into a cap rate of 10%!

Location

State WA

County Us

Interior

Inclusions All Furniture And Appliances

Exterior

Parking Features 0 - 10 Spaces, Parking/10+ Spaces

Street Surface Paved

Building

Water Public

Others

Acceptable Financing Exclusive Right

Listing Terms Exclusive Right

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Listed by KW Palouse

A FEW WORDS FROM PAST CLIENTS

My wife and I had a great experience in the home buying process with Aurora Shively and her team. The quality of our direct contact agent in the field Natalie Reed was very impressive. Kindness, honesty, thoroughness, courage, and tenacity are just a few adjectives I would use to define her performance. I would highly recommend using the Aurora realty services international group to assist anyone in the market of finding the right home for you. Especially if time to closing is your priority.

orionvrod

Aurora is incredibly down-to-earth and we thoroughly enjoyed working with her. She is prompt, professional and incredibly knowledgeable. She's on top of it!

saramfritz

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