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The Inn at Priest Lake 5310 Dickensheet Rd 24 Room Hotel Coolin, ID 83821 $3,500,000 ($145,833/Room)
Investment Highlights
- The property combines motel, restaurant, lounge, RV park, retail, car wash, and laundry operations within one investment.
- Includes a 24-room motel with a manager's apartment and supporting hospitality amenities.
- Retail improvements include multiple storefronts that contribute additional income streams.
- Located in the center of Coolin and approximately a five-minute walk from the Priest Lake marina.
- RV park improvements include 12 full pull-through hookups, shower facilities, and a cabin apartment.
- The property serves visitors drawn to year-round recreation opportunities around Priest Lake and the Selkirk Mountains.
Executive Summary
Cash or Seller Financing with approved credit
Investment Highlights:
Website: theInnatPriestLake.com
As one of North Idaho's most distinctive investment offerings, this 6.2 Acre, buildings totaling approximately 28,000 square feet, multi business property delivers three revenue sources, location in center of town, just 5 min walk from the Marina at Priest Lake that leases boat slips, and substantial future potential. Being in center of Coolin, ID, the two most popular restaurants are right next door. Nothing like it in the area, or around the lake.
Featuring 24 room Motel, with Manager's Apt, Full Restaurant, Lounge/Bar, Large Meeting Room and offices. Large meeting room could be remodeled for additional motel rooms, possibly 6 to 8 rooms.
RV Park with 12 Full Pull-Thru Hookups, almost totally full summer months, if wanted, new owner could keep open winter months as has all weather water hydrants. RV Park has shower rooms for RV'ers plus a cabin apartment that would be available for rent or employee housing.
Retail Strip Center with 5,500 feet of leasable space currently built into 5 storefronts, plus car wash.
Car wash and the Coin Laundry store front are additional income source for the motel property, the only Coin Laundry on the east side of Priest Lake.
This turnkey, fully staffed property is rare opportunity for private getaway positioned for fishing, hunting, snowmobiling, boating, four wheeling and year round recreation around one of the largest lakes in northern Idaho, centered in the Selkirk Mountains.
Investment Highlights:
Website: theInnatPriestLake.com
As one of North Idaho's most distinctive investment offerings, this 6.2 Acre, buildings totaling approximately 28,000 square feet, multi business property delivers three revenue sources, location in center of town, just 5 min walk from the Marina at Priest Lake that leases boat slips, and substantial future potential. Being in center of Coolin, ID, the two most popular restaurants are right next door. Nothing like it in the area, or around the lake.
Featuring 24 room Motel, with Manager's Apt, Full Restaurant, Lounge/Bar, Large Meeting Room and offices. Large meeting room could be remodeled for additional motel rooms, possibly 6 to 8 rooms.
RV Park with 12 Full Pull-Thru Hookups, almost totally full summer months, if wanted, new owner could keep open winter months as has all weather water hydrants. RV Park has shower rooms for RV'ers plus a cabin apartment that would be available for rent or employee housing.
Retail Strip Center with 5,500 feet of leasable space currently built into 5 storefronts, plus car wash.
Car wash and the Coin Laundry store front are additional income source for the motel property, the only Coin Laundry on the east side of Priest Lake.
This turnkey, fully staffed property is rare opportunity for private getaway positioned for fishing, hunting, snowmobiling, boating, four wheeling and year round recreation around one of the largest lakes in northern Idaho, centered in the Selkirk Mountains.
Property Facts
| Price | $3,500,000 | Lot Size | 6.20 AC |
| Price Per Room | $145,833 | Building Size | 28,000 SF |
| Sale Type | Investment | No. Rooms | 24 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1996 |
| Property Subtype | Hotel | Parking Ratio | 3.79/1,000 SF |
| Building Class | B | Corridor | Interior |
| Zoning | R-5 | ||
| Price | $3,500,000 |
| Price Per Room | $145,833 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 6.20 AC |
| Building Size | 28,000 SF |
| No. Rooms | 24 |
| No. Stories | 2 |
| Year Built | 1996 |
| Parking Ratio | 3.79/1,000 SF |
| Corridor | Interior |
| Zoning | R-5 |
Amenities
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- Public Access Wifi
About 5310 DICKENSHEET RD , COOLIN, ID 83821
Taxable Property Value by Bonner County is $2,227,772, 2025 Tax was $7,423
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $162.00 | - |
| Guest Room | 22 | $151.00 | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | RP59N-04W-106000A | Improvements Assessment | $1,999,612 |
| Land Assessment | $228,160 | Total Assessment | $2,227,772 |
Property Taxes
Parcel Number
RP59N-04W-106000A
Land Assessment
$228,160
Improvements Assessment
$1,999,612
Total Assessment
$2,227,772
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The Inn at Priest Lake | 5310 Dickensheet Rd