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Lake Chealn Motel 2044 W Woodin Ave 10 Room Hotel Chelan, WA 98816 $3,102,615 CAD ($310,261 CAD/Room)



Investment Highlights
- 10-room motel with established operations
- Positioned in a high-demand recreational/tourism market
- Located one block from Lake Chelan
- Outdoor pool amenity
- Expansion potential for value-add upside
- Returning customer base / turnkey opportunity
Executive Summary
Rare investment opportunity in the heart of Lake Chelan's thriving hospitality district. Encompassing nearly ½ acre across two tax parcels, this commercially zoned property offers an exceptional combination of existing income potential, valuable infrastructure, and future redevelopment opportunities in one of Chelan's most desirable commercial locations. Existing improvements include 10 rental units with kitchens or kitchenettes, a 1,520 sq. ft. three-bedroom residence, office, swimming pool, ample parking, mature landscaping, and established utility infrastructure. With a proven operating history already in place, the property is well-positioned for continued hospitality use, renovation, expansion, or redevelopment. Located just minutes from downtown Chelan and close to Lake Chelan, the property enjoys excellent visibility, easy access, and year-round tourism within an established hospitality corridor. Commercial zoning provides flexibility for a variety of future uses, including boutique hotel, vacation lodging, extended-stay accommodations, or other hospitality concepts (buyer to verify intended uses). Large commercial parcels of this size in central Chelan are increasingly rare. Opportunities to acquire a property with this location, scale, infrastructure, and long-term upside are exceptional. Owner open to carrying contract with qualified Buyer and mutually agreeable terms.
Property Facts
| Price | $3,102,615 CAD | Building Size | 4,800 SF |
| Price Per Room | $310,261 CAD | No. Rooms | 10 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1922/1990 |
| Property Subtype | Hotel | Parking Ratio | 4.79/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.46 AC | ||
| Zoning | Commercial/ Tourist Accom | ||
| Price | $3,102,615 CAD |
| Price Per Room | $310,261 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 4,800 SF |
| No. Rooms | 10 |
| No. Stories | 1 |
| Year Built/Renovated | 1922/1990 |
| Parking Ratio | 4.79/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial/ Tourist Accom |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 10 | $113.07 CAD | - |
Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 45439 | Improvements Assessment | $159,301 CAD |
| Land Assessment | $137,894 CAD | Total Assessment | $297,195 CAD |
Property Taxes
Parcel Number
45439
Land Assessment
$137,894 CAD
Improvements Assessment
$159,301 CAD
Total Assessment
$297,195 CAD
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Lake Chealn Motel | 2044 W Woodin Ave
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