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Lava Hot Springs Inn and Spa 1 Center St 16 Room Hotel Lava Hot Springs, ID 83246 $7,900,000 ($493,750/Room)
EXECUTIVE SUMMARY
Rare opportunity to own the historic Lava Hot Springs Inn, right in the heart of downtown Lava Hot Springs, Idaho! Multiple opportunities exist with these separately deeded commercial parcels. Two house the main Inn and pools and detached Spa Building and Blue House Vacation rental. Three, ''cold-source'' low temp geo-thermal wells, 26 soaking pools and 30,000+ visitors per year! Also included in the offering is a ''Water License Permit 1''- a bottled water operation with equipment, with a current lease in Pocatello, Idaho - bottled water now in WalMart! Incredibly unique, prime, historic commercial opportunity in the heart of beloved Lava - what a historical offering!
PROPERTY FACTS
| Price | $7,900,000 | Lot Size | 1.11 AC |
| Price Per Room | $493,750 | Building Size | 7,800 SF |
| Sale Type | Investment | No. Rooms | 16 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1924/2005 |
| Property Subtype | Hotel | Parking Ratio | 0.59/1,000 SF |
| Building Class | B | Corridor | Interior |
| Zoning | Commercial | ||
| Price | $7,900,000 |
| Price Per Room | $493,750 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.11 AC |
| Building Size | 7,800 SF |
| No. Rooms | 16 |
| No. Stories | 2 |
| Year Built/Renovated | 1924/2005 |
| Parking Ratio | 0.59/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial |
AMENITIES
- Pool
- Spa
- High Speed Internet Access
- Boutique/Lifestyle Hotel
- Meeting Event Space
- Wedding Venue
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 16 | $159.00 | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,244,315 | |
| Land Assessment | $347,945 | Total Assessment | $1,592,260 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$347,945
Improvements Assessment
$1,244,315
Total Assessment
$1,592,260
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VIDEOS
MATTERPORT 3D EXTERIOR
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Presented by
Jackson Hole Sotheby's International Realty
Lava Hot Springs Inn and Spa | 1 Center St
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