Listing ID: 1883296
Sold For: $1,020,000
Status: Closed
City: Concrete
State: Washington
Postal Code: 98237
Acres: 2.645
County: Skagit
Concrete
WA
98237
Gem of a property on busy SR-20 tourism highway. Includes motel and restaurant/lounge on 2.5+ acres with a quarter of a million dollars of new updates. Offering 14 modern, fully updated rooms plus a manager suite and 100+ restaurant seating providing lodging to both business and leisure travelers. Numerous destination sites nearby including Rasar State Park, Sauk Mountain Trail, Baker Lake, Cascade Trail, and the Skagit View Trail. Buyer to verify to their satisfaction.
Primary Features
County:
Skagit
Property Sub Type:
Business Opportunity
Property Type:
Business Opportunity
Subdivision:
Concrete
Interior
Building Area Units:
Square Feet
Fireplace:
no
Living Area Units:
Square Feet
External
Carport:
no
Elevation Units:
Feet
Lot Size Square Feet:
115208
Lot Size Units:
Square Feet
MLS Lot Size Source:
Realist
Parking Total:
40
Parking Uncovered Total:
40
Location
Country:
US
Location:
Free Standing
MLS Area Major:
845 - Concrete & Up River
Senior Community:
no
Additional
Business Type:
Food & Beverage, Hospitality, See Remarks
FIRPTA:
no
Franchise:
false
Mls Status:
Sold
Number Of Employees:
3
Offers:
Seller intends to review offers upon receipt
Preliminary Title Ordered:
yes
Real Property:
Purchase,See Remarks
Show Map Link:
yes
Signage Stays:
true
Special Licenses:
Alcohol
Third Party Approval:
None
Year Established:
2015
Financial
Annual Expenses:
178987
Annual Gross Sales:
346941
Buyer Financing:
Not Disclosed
Irrigation Water Rights:
no
Lease Assignable:
no
Net Proceeds:
123289
Possession:
Closing, Negotiable
Sale Type:
MLS
Seller Disclosure:
Provided
Special Listing Conditions:
None
Zoning Info
Area Info
Based on information submitted to the MLS GRID as of Saturday, March 23rd, 2024 10:36:18 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Schedule a Showing - Listing ID 1883296
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Data services provided by IDX Broker