Inn at the Lake
Newport, WA
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THIS IS A MUST SELL ASAP FOR HEALTH REASONS WITH POSSIBLE OWNER FINANCING.$1,860,000 property value. Will look at offers from $1,460,000 to $1,520,000 THE TURN KEY B&B IS FREE. WE WILL LOOK AT ALL OFFERS SERIOUSLY.
This five star five guest room lakefront B&B is located on the crystal clear and pristine waters of Diamond Lake about 7 miles from Newport Washington. It sets on a 3/4 acre estate sized lot with 75 feet of the best sandy beach on the lake. This 7000 sq. ft. +/- Villa with its 5 two person jacuzzi tubs is being marketed as a romantic destination for adults only with great success. With the location of the property being centered between and only about 45 minutes from 3 different ski resorts makes this a perfect 4 season business. There is no other property like this in all of eastern Washington. It sets less than a minute off the main highway going to Yellowstone National park and Glacier National Park coming from Seattle or Spokane WA. The B&B sits at the entry coming from Seattle or Spokane to the International Selkirk Loop, a road trip ranked as one of the top ten scenic destinations in the Northern Rockies going into British Columbia Canada. North Americas only multi-national scenic loop.
This is wild America, yet only 30 minutes away from 300 plus thousand people yet high speed fiber optic internet in the B&B. It basically sits at the gateway to the last wildest wild west frontier in the lower 48 states and less than an hour from a international airport headed right into it. There are many ways to grow revenues besides growing room rentals. There is space for a day spa as well as a large area just off the entry for a gift shop. Water craft rentals would do very well. We run the business part time as we are slowly retiring. This destination Inn is the go to place for special days like birthdays, anniversary,honeymoon, romantic retreat, or just taking a break from the covid reality in the city. We are turning more business away than ever.The $125,000 revenue we show is about a third of what it would do if operated full time.
Property Details- 5 Guest Rooms
- 5 Guest Room Baths
- Has Owner's Quarters
- Built in 1993
- Last Renovated in 2020
- Opened in 2014
- Building is 7,000 SQFT
- Lot is 0.75 Acres
- Photo Gallery
- Property Website
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