$1,999,999
1862 State Route 20
Sedro Woolley, WA 98284
Beds
—
Baths
—
Sq Ft
—
Lot
1.34 ac
Year built
1950
Type
Commercial Sale
Days listed
—
MLS #
2558477
About this home
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.
Exterior features
Property details
- Cooling
- Window Unit(s)
- Flooring
- Laminate
- Water source
- Public
Costs
- Annual taxes
- $14,158 (2026)
Estimate your monthly payment
$11,293/mo
- Principal & interest
- $10,113
- Property taxes
- $1,180
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Sedro Woolley, WA 98284
Approximate location. Contact us to confirm the exact address.
Listing courtesy of Every Door Real Estate— Indy Basra.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
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