501 4th, Sandpoint, ID 83864

$1,800,000
6,436
SqFt

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List Price
$1,800,000
Status
ACTIVE
MLS#
26-2769
Style
Single Level
Year Built
1963
Acres
0.33
Living Area
6,436
Region
North (Bonner & Boundary)
Type
Commercial

Property Description

Rare opportunity to acquire a landmark boutique motel in the heart of downtown Sandpoint. The K2 Inn is a beloved hospitality asset steps from dining, shopping, Lake Pend Oreille, and City Beach - with Schweitzer Mountain Resort just a short drive away. The property features 19 rentable units, including a spacious 3-bedroom former innkeeper's quarters - perfect for an owner-operator or additional rental income. Eleven of the 19 units have been recently remodeled with modern amenities and kitchenettes throughout. Additional highlights include a commercial laundry facility, off-street parking, and a recently replaced roof. Zoned Commercial A, the K2 Inn offers exceptional operational flexibility and strong upside potential. Outstanding reviews across Airbnb, Google, Yelp, and TripAdvisor reflect years of consistent hospitality and a loyal repeat guest base. An irreplaceable downtown location in one of Idaho's most desirable resort communities makes this a truly turnkey opportunity.

Additional Information

Taxes
$5,861
Lot Features
Corner Lot, Level, Southern Exposure, Alley Access
Interior Features
Phone Prewired, High Speed Internet, Cable Internet Available
Basement
Crawl Space
Heating
Other, Electric
Exterior Features
Lighting
Exterior
Exterior
Water
Public
Sewer
Public Sewer

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Northwest Realty Group.