$1,100,000
Pending

503 S 3rd Street

La Conner, WA 98257
Listing OfficeWindermere RE Anacortes Prop.
Browse 40 photos
Type:Purchase
Structure:Industrial
Zone:Commercial

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.

  • Interior Details
      • InteriorFir/Softwood, Laminate, Wall to Wall Carpet
  • Property Details
      • Exterior MaterialsWood
    • Measurements
      • Acres0.32
  • Construction Details
      • Style60 - Comm Bldg Und 10K
      • Property TypePurchase
    • Condition
      • Year Built1882
    • Material information
      • FoundationPoured Concrete
  • Utilities / Energy Details
      • Sewer InformationSewer Connected
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionHistoric
    • Location
      • CountySkagit
  • Financial Details
      • Original List Price$1,100,000
      • Taxes Annual$6,087
      • Days on Market (Cumulative)123
  • Other
      • MLS #2222743
Mike MckinstryReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00