369 S Main St
Colville, WA 99114
Selkirk Motel · Hospitality Property For Sale · 5,728 SF

Looking at getting out of the big city? Want to be your own boss in control of your own financial future? Set your roots in the beautiful Pacific Northwest and own a piece of paradise with this historic 19 unit turn key motel. Location: Colville Washington is the county seed for Stevens County with close proximity to outdoor activities to include: Numerous Lakes, streams, rivers, world class fishing, hiking trails, ATV trails, snowmobiling, hunters paradise, golf, ski resort, casino, with majestic scenery all around. Turn Key operation: 19 unit motel that is registered on the historic registry. Located in the heart of downtown. Recently remodeled rooms, newer beds, newer furniture, flat screen smart TV's, Fridges and microwaves. Combination of kitchenettes, single and double rooms. Designed and furnished to feel like home, not the traditional motel feel. Opportunities: Current owners looking to identify someone who can focus on this entity to achieve the additional opportunity in the market. This area is growing rapidly. Customer base includes: Motorcyclists and bicyclists traveling the scenic byway from Washington to Idaho and into Montana. Customers looking to immerse themselves in all the recreational activities this area has to offer. Canadians come down to shop at the local Walmart and onto shopping just south into Spokane. Do to the proximity to the county seed, visiting doctors, nurses and attorneys stay with us. Plus we have state employees and construction workers that prefer to stay with us because of our close proximity (walking distance) to local restaurants. No local competition in our price range. 2020 numbers even during COVID-19 Sales $274,775 Total expenses $92,765 Owner/ operator EBITA $182,010 Occupency- 65% Average room rate - $74.74 Price $850,000 includes prime downtown real-estate and profitable business. Possible owner contract with flexible terms with $400K down. Phone calls preferred. 509-98one-9567