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Investment Highlights

  • Prime Riverfront Location Situated on the banks of the Klickitat River with direct access and scenic views.
  • Tourism-Driven Location: Located in scenic Klickitat County near outdoor recreation, attracting year-round visitors.
  • Strong Weekend & Seasonal Upside Opportunity to capture peak demand from anglers and weekend travelers.
  • Limited Local Competition: Small market with constrained hotel supply, creating opportunity to capture unmet demand.
  • Value-Add Opportunity: Underperforming asset with significant upside through improved management and repositioning.

Executive Summary

The Klickitat River Inn is for sale — a turnkey riverfront lodging business with a 5-star reputation, and a loyal base of returning guests. For the operator-investor looking for an established hospitality asset in the Columbia Gorge, this is the rare find. Situated directly on the banks of the Klickitat River on a corner lot with immediate water access, the property includes a charming 2-bedroom, 1-bathroom residence alongside a separate building housing four studio apartments. The business transfers with its name, its reviews, and its guest relationships — the hardest parts of building a hospitality operation are already done. The four studio units have been the engine of the Inn's 5-star reputation, drawing repeat guests who return for the Klickitat River fishing, whitewater rafting, kayaking, and year-round outdoor recreation the Gorge delivers. The on-site residence is ideal for an owner-operator or on-site manager — a genuine operational advantage for anyone looking to run the business hands-on. For the right buyer — an owner-operator, a hospitality investor, or someone looking to step into a working Gorge business rather than build one from scratch — the Klickitat River Inn offers an established reputation, an irreplaceable riverfront location, and immediate operational continuity.Located in the quiet community of Klickitat with easy access to scenic highways and the broader Columbia Gorge region, this is a rare opportunity to acquire a named, proven hospitality property in one of Washington's most desirable outdoor corridors.Note: Formal income documentation is not available for this property. Buyers are encouraged to conduct independent due diligence on future income potential and proforma.

Property Facts

Price $1,035,380 CAD
Price Per Room $207,076 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 0.53 AC
Building Size 2,544 SF
No. Rooms 5
No. Stories 2
Year Built 1935
Parking Ratio 1.97/1,000 SF
Corridor Exterior
Opportunity Zone Yes
Zoning Rural Center (Commercial) - Rural zoning in Klickitat County offers scenic, low-density land ideal for boutique hotels, retreats, and destination stays.

Amenities

  • Public Access Wifi
  • Fiber Optic Internet
  • Smoke Detector

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 5 $293.06 CAD -
Not walkable
10/100
Exceptionally drivable
90/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
04132350041700
Land Assessment
$79,388 CAD
Improvements Assessment
$293,618 CAD
Total Assessment
$373,006 CAD
  • Listing ID: 40085257

  • Date on Market: 2026-04-09

  • Last Updated:

  • Address: 218 2nd St, Klickitat, WA 98628

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