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Active · Commercial Sale

1862 State Route 20 , Sedro Woolley, WA 98284

Sedro Woolley, WA 98284

$1,999,999

— bedrooms · — bathrooms · 0 sq ft

Listing provided by Every Door Real Estate · MLS #2558477 · Active

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About this property

Don't miss this chance to take advantage of a vacant motel waiting for the next owner's vision. Opportunity to acquire a 48-room private motel at an asking price of $1,999,999—approximately $41,667 per room—in Sedro-Woolley, Washington. Located on State Route 20, the property occupies a strategic location between Interstate 5 and the North Cascades. The site is within 1/2 mile of PeaceHealth United General Medical Center and near downtown Sedro-Woolley, North Cascades National Park, Mount Baker, Diablo Lake, the Skagit Valley Tulip Festival, Cascade Loop Scenic Highway, and year-round recreation. Acquire a 48-room motel at an attractive per-room cost, renovate, and reposition the property to serve tourists, medical visitors, contractors, business travelers, and regional guests. The Sedro-Woolley motel has been pre-approved for conversion by Wyndham (Dazzler by Wyndham), Red Roof Inn, Sonesta Hotels (Sonesta Select), and Americas Best Value Inn, Park Inn (Choice Hotels) giving investors the flexibility to choose from nationally recognized brands. The motel is modeled at a $115 average daily rate and 65% stabilized occupancy, producing approximately $1.28M in annual room revenue and approximately $640K projected NOI before debt service and taxes.

Property details

Property type
Commercial Industrial
Year built
1950
Lot size
58,370 sq ft
Association dues
$0 · frequency not provided
Annual property tax
$14,158 (2026)
Parking spaces
0
Northwest MLSMLS GRID

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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Enrique Pelayo Jr., designated broker at The Broker Team in Edmonds, WA

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Enrique Pelayo Jr. · English & Spanishenrique@thebroker.team