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503 S 3rd Street

La Conner, WA 98257
  • $1,100,000
  • STATUS: Pending Feasibility
  • ID#: 2222743
Under Contract
UPDATED: 137 min ago
$1,100,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1882
County:
Area:

School Ratings & Info

Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of Windermere RE Anacortes Prop..
Mortgage Calculator is provided by BoomTown.

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.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-12-05T00:14:52.173. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-12-05T00:14:52.173. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.nwhomeexperts.com/homes/149270823
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503 S 3rd Street La Conner, WA 98257

  • Price: $1,100,000
  • Status: Pending Feasibility
  • On Site: Days
  • Updated: 137 min ago
  • ID#: 2222743
0
Beds
0
Baths
0
½ Baths
0.32
Acres
1882
Built
Neighborhood:
Historic
County:
Skagit
Area:
La Conner
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.
Exterior Features

Carport YN No Covered Spaces 0 Exterior Features Wood Lot Size Dimensions 95'x90'x149'x105 Open Parking YN No Parking Total 6 Roof Composition Structure Type Unspecified Style Code 60 - Comm Bldg Und 10K Topography Sloped

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 0 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring SoftwoodLaminateCarpet Heating Forced AirWall Unit(s) Heating YN Yes Interior Features Fir/SoftwoodLaminateWall to Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Energy Source ElectricNatural Gas FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 67 & 8 Possession Closing Possible Use Residential Power Company Puget Sound Energy Power Production Type ElectricNatural Gas Property Condition Good Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Sewer Company Town of La Conner Special Listing Conditions None Tax Annual Amount 6087.41 Tax Year 2024 Water Company Town of La Conner Water Source Public Zoning Class Residential Zoning Jurisdiction City



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2024-12-05T00:14:52.173. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2024-12-05T00:14:52.173. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Northwest MLS logo Listing information ©2024 Northwest MLS. Listing courtesy of Windermere RE Anacortes Prop..
Mortgage Calculator is provided by BoomTown.