503 S 3rd Street, La Conner, WA 98257 - MLS#2222743

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ONE Real Estate

broker@1realty.com +1(360) 201-0908

Listed by Windermere RE Anacortes Prop.

$ 1,100,000

Est. payment -/mo

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Pending

503 S 3rd Street La Conner, WA 98257

0.32 Acres Lot

UPDATED:

11/14/2024 04:07 AM

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Pending

Purchase Type For Sale

Subdivision Historic

MLS Listing ID 2222743

Style 60 - Comm Bldg Und 10K

Year Built 1882

Annual Tax Amount $6,087

Lot Size 0.320 Acres

Lot Dimensions 95'x90'x149'x105

Property Description

Katy's Inn has been in operation since 1984 and is located in the center of La Conner, Washington. A destination for festivals, agricultural fairs and tourism into the San Juan Islands & North Cascades as well as the annual Skagit Valley Tulip Festival. There are four guest bedrooms and one 400 sf studio apartment for the owner. Common areas include patio with 2 gazebos. The inn easily has an occupancy rate of 50%. An aggressive owner could certainly increase the occupancy. In 2024 the average nightly rate is bringing in $175.00 plus tips. Training for new owners can be included. All intellectual property is included; web site, logos, printed materials, recipes, written policies and procedures. List of assets included is available.

Location

State WA

County Skagit

Area 820 - La Conner

Interior

Interior Features Fir/Softwood, Laminate, Wall to Wall Carpet

Flooring Softwood, Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

ONE Real Estate

Broker

+1(360) 201-0908

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