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More details for 615 S Main St, Colfax, WA - Hospitality for Sale

Siesta Motel - 615 S Main St

Colfax, WA 99111

Motel
Hospitality for Sale
$2,045,740 CAD
9,250 SF

Colfax Hospitality for Sale

Located on 0.2 acres in Colfax, WA, this 9,250 sq. ft. hotel offers 20 units, including 13 one-bed units, 5 two-bed units, 1 furnished apartment, and 1 unfurnished apartment. Built in 1949 with new flooring, the property also includes an office, laundry room and four storage closets. Its prime location is 30-minutes from Washington State University, the University of Idaho, and the regional airport, drawing steady demand year-round. From college football games and parent weekends to festivals and community events like the Lentil Festival, the area provides a constant flow of activity. With a long history of both short- and long-term tenants, this property is a reliable and versatile investment in a thriving college-town community. If you are looking to owner operate this property quickly turns into a cap rate of 10%!

Contact:

Kw Palouse

Property Subtype:

Hotel

Date on Market:

2025-09-30

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Motel for Sale within 50 kilometers of Pullman, WA, USA

Colfax Hospitality for Sale

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