All homes

$1,999,999

1862 State Route 20

Sedro Woolley, WA 98284

Active

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

WoodWood Products

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
Loan amount $1,599,999

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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