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701 Fountain Blvd.

Zillah, WA 98953
  • $1,949,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 263105
UPDATED: 13 min ago
$1,949,000
  • 0
    BEDS
  • 0.71
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,619
    SQFT
  • $422
    $/SQFT
Type:
Commercial
Built:
2017
County:
Area:

School Ratings & Info

Description

MLS# 263105 Sale price also includes adjacent lot #14 Parcel #20112234488 and Townhome-Owner's Living Quarters Parcel #20112234421. Inn lot is #15.An investment opportunity of owning the boutique, Zillah Lakes Inn, located in the heart of wine country, near Yakima, Washington. The Inn has 7 guest rooms, one of the rooms is a full 1 bedroom/full kitchen suite. The Inn has an average room size of 425 SF, all have a king bed, French linen, shower, large vanities, microwave & mini refrigerators, large TV's, luxury plank flooring and keyless door locks. There is ample private off-street parking for all guests. Included with the Inn purchase is an owner's quarters Townhome. The Townhome is l,440 SF, 3 bedrooms, 2.5 baths, large living room/kitchen, laundry room with an office; located on Zillah Lakes with a waterside private patio. The townhome is located less than 60 feet from the Inn and provides "hands on" management to the ownership. Both the Inn and Townhome are located along 250 feet of lakefront property, with endless boating and fishing opportunities. Both, the current Inn and proposed 2nd Inn will have access to the outside pergola with a commercial kitchen and a large fishing/boating dock. Lot #14/adjacent lot is an ideal location for an additional Inn which may include 6-8 rooms or a mixed-use retail/restaurant building. The City of Zillah issued a preliminary approval for a building permit. The new building will maximize the land area, each lot has its own parcel number and legal description, all utilities are connected to individual properties. On site there is over 3 miles of walking/nature trails with an abundance of wildlife to enjoy or grab your fishing gear and go after some of the 8 lb. bass in Zillah Lakes or bring your golf clubs to enjoy the 3-hole executive golf course. Included in the offering sale price are the furniture, fixtures, equipment, and good will. The Seller may remain available for a time period to serve as a special consultant. A buyer may want to substitute or add to the purchase an on-site Duplex property owned by the Seller vs the Townhome; this will require an increase to the offering price. This Duplex property is located 300 feet from the Inn, at the entrance into the development. Each unit in the duplex has 2 bedrooms and 2 baths, rental income for both units is net $3,300 monthly.The site location is Central Washington State and 15 miles east of Yakima, with over 25 wineries in the surrounding 10-mile area.

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© 2022 Pacific Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dallas Green Team | Professional Realty Services International. Data last updated: 2022-08-11T19:39:51.67.
www.dallasgreenteam.com/homes/131064979
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701 Fountain Blvd. Zillah, WA 98953

  • Price: $1,949,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 13 min ago
  • MLS #: 263105
0
Beds
0
Baths
0
½ Baths
0.71
Acres
4,619
SQFT
$422
$/SQFT
2017
Built
County:
Yakima
Area:
Zillah
Property Description
MLS# 263105 Sale price also includes adjacent lot #14 Parcel #20112234488 and Townhome-Owner's Living Quarters Parcel #20112234421. Inn lot is #15.An investment opportunity of owning the boutique, Zillah Lakes Inn, located in the heart of wine country, near Yakima, Washington. The Inn has 7 guest rooms, one of the rooms is a full 1 bedroom/full kitchen suite. The Inn has an average room size of 425 SF, all have a king bed, French linen, shower, large vanities, microwave & mini refrigerators, large TV's, luxury plank flooring and keyless door locks. There is ample private off-street parking for all guests. Included with the Inn purchase is an owner's quarters Townhome. The Townhome is l,440 SF, 3 bedrooms, 2.5 baths, large living room/kitchen, laundry room with an office; located on Zillah Lakes with a waterside private patio. The townhome is located less than 60 feet from the Inn and provides "hands on" management to the ownership. Both the Inn and Townhome are located along 250 feet of lakefront property, with endless boating and fishing opportunities. Both, the current Inn and proposed 2nd Inn will have access to the outside pergola with a commercial kitchen and a large fishing/boating dock. Lot #14/adjacent lot is an ideal location for an additional Inn which may include 6-8 rooms or a mixed-use retail/restaurant building. The City of Zillah issued a preliminary approval for a building permit. The new building will maximize the land area, each lot has its own parcel number and legal description, all utilities are connected to individual properties. On site there is over 3 miles of walking/nature trails with an abundance of wildlife to enjoy or grab your fishing gear and go after some of the 8 lb. bass in Zillah Lakes or bring your golf clubs to enjoy the 3-hole executive golf course. Included in the offering sale price are the furniture, fixtures, equipment, and good will. The Seller may remain available for a time period to serve as a special consultant. A buyer may want to substitute or add to the purchase an on-site Duplex property owned by the Seller vs the Townhome; this will require an increase to the offering price. This Duplex property is located 300 feet from the Inn, at the entrance into the development. Each unit in the duplex has 2 bedrooms and 2 baths, rental income for both units is net $3,300 monthly.The site location is Central Washington State and 15 miles east of Yakima, with over 25 wineries in the surrounding 10-mile area.
Exterior Features

Built On Grade Unknown Dock High No Parking 75+ Spaces Rail Access No Truck Doors No

Interior Features

Clear Span Unknown Cold Storage No Elevators No Sprinkler System Yes Sq Ft Finished 4619

Property Features

Annual Taxes 7024.70 Auction No Bank Owned No Business Name Zillah Lakes Inn Business Opportunity Type Hospitality Commercial Type Hotel/Motel Ever Occupied Yes For Sale Or Rent For Sale Furniture And Fixtures Yes Goodwill Yes Inventory Yes Owner Financing YN Yes Sale Includes InnTownhomelot #14 Tax Year 2022 Zoning Type Other

Listing provided courtesy of Svn Retter & Company. © 2022 Multiple Listing Service of Pacific Regional Multiple Listing Service.


© 2022 Pacific Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dallas Green Team | Professional Realty Services International. Data last updated: 2022-08-11T19:39:51.67.
 
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