503 S 3rd Street Pending Save Request In-Person Tour Request Virtual Tour
La Conner,WA 98257
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Pending
Purchase Type For Sale
Subdivision Historic
MLS Listing ID 2222743
Style 60 - Comm Bldg Und 10K
Year Built 1882
Annual Tax Amount $6,087
Lot Size 0.320 Acres
Property 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.
Location
State WA
County Skagit
Area 820 - La Conner
Interior
Flooring Softwood,Laminate,Carpet
Exterior
Exterior Feature Wood
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional