Self-Storage and Lodging in Leavenworth, Washington
| Asking Price: | $5,400,000 |
| Established Year: | 2010 |
| Real Estate: | $5,400,000 |
Exceptional turn key opportunity with value add
Introducing a remarkable investment opportunity featuring a meticulously maintained lodging and self-storage business, strategically located in the picturesque town of Plain, nestled within the celebrated Leavenworth area of Chelan County. This unique property, sprawling across 4.31 acres of this Rural Commercial zoned parcel, combines two thriving businesses, offering substantial income potential and multiple avenues for growth and expansion. An additional 4.6 acres of land earmarked for future development is included in the sale, providing a unique opportunity to expand the property’s offerings, such as adding more storage units, building new residential or commercial spaces, or developing recreational facilities to further enhance the appeal and profitability of this already thriving business.
Property Highlights:
Main Lodge Building: Constructed in 2010, this elegant lodge boasts 17 well-appointed units, a welcoming check-in office, and dedicated staff areas, ensuring a seamless guest experience.
Victorian Farmhouse: Lovingly restored in 2010, this charming farmhouse sleeps 14 guests and includes multiple rooms, a fully equipped kitchen, and spacious living areas, perfect for group gatherings and family retreats.
The Station: Featuring 4 cozy units designed for nightly lodging, providing a quaint and comfortable stay for visitors.
Total Lodging Area: An expansive 16,928 sq. ft. dedicated to providing exceptional hospitality.
Self-Storage Facility: Five Buildings encompassing 96 units, these structures were built between 1996 and 2010, offering a total of 26,571 sq. ft. of storage space. The units are equipped with Arctic insulation, maintaining full occupancy and ensuring the safety and security of stored items year-round.
Value-Added Potential: The property offers ample space to add more storage units, capitalizing on the existing high demand and increasing revenue streams.
Conversion Potential: Transform the nightly lodging units into long-term apartments or condominiums, significantly boosting profitability while reducing management costs. This conversion aligns with the growing trend of flexible housing solutions and meets the needs of a diverse clientele.
Versatile Frontage Building: Previously utilized as a commercial kitchen, this building presents an exciting opportunity for conversion into a winery-tasting room, craft brewery, or other lucrative commercial ventures, enhancing the property's appeal and attracting a wider audience complimenting the already robust local community.
Additional Features:
Comprehensive Infrastructure: Supported by a reliable Group A well water system, septic, and storm systems, the property is well-equipped to handle operational needs, ensuring lush landscapes and efficient water management.
Amenities: The site includes a visually striking barn adorned with an American flag, a charming gazebo, and serene fountains, adding to the property's aesthetic appeal and providing attractive features for guests and visitors.
Located in a region renowned for its year-round outdoor recreational activities and vibrant local events, this property is ideally positioned just 30 minutes from Stevens Pass, 45 minutes from Wenatchee, and a two-hour drive from Seattle. Its prime location, diverse income streams, and significant growth potential make this property an unmissable investment opportunity.
Favorable owner carry terms available.
BUSINESS LOCATION
