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Investment Highlights

  • Great Downtown Location
  • Established Business

Executive Summary

Rare opportunity to acquire a landmark boutique motel in the heart of downtown Sandpoint. The K2 Inn is a beloved hospitality asset steps from dining, shopping, Lake Pend Oreille, and City Beach - with Schweitzer Mountain Resort just a short drive away. The property features 19 rentable units, including a spacious 3-bedroom former innkeeper's quarters - perfect for an owner-operator or additional rental income. Eleven of the 19 units have been recently remodeled with modern amenities and kitchenettes throughout. Additional highlights include a commercial laundry facility, off-street parking, and a recently replaced roof. Zoned Commercial A, the K2 Inn offers exceptional operational flexibility and strong upside potential. Outstanding reviews across Airbnb, Google, Yelp, and TripAdvisor reflect years of consistent hospitality and a loyal repeat guest base. An irreplaceable downtown location in one of Idaho's most desirable resort communities makes this a truly turnkey opportunity.

Property Facts

Price $2,477,754 CAD
Price Per Room $137,653 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 0.33 AC
Building Size 9,751 SF
No. Rooms 18
No. Stories 2
Year Built/Renovated 1963/2025
Tenancy Single
Parking Ratio 1.64/1,000 SF
Corridor Exterior
Opportunity Zone Yes
Zoning Commercial A - Commercial A - See attached

Amenities

  • Controlled Access
  • Smoke-Free
  • Fiber Optic Internet
  • Smoke Detector

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 4 $177.57 CAD -
Guest Room 14 $126.64 CAD -
Fairly walkable
50/100
Exceptionally drivable
90/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
RPS01-290-19007AA
Land Assessment
$390,935 CAD
Improvements Assessment
$904,701 CAD
Total Assessment
$1,295,636 CAD
  • Listing ID: 40147748

  • Date on Market: 2026-04-14

  • Last Updated:

  • Address: 501 N 4th Ave, Sandpoint, ID 83864

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