List Search

1716 Main St
Lewiston, ID 83501 Nez Perce

$1,810,000 USD

Hotel For Sale  •  21,506 SF

Property Details

  • Property Type Hotel
  • Total Building Size 21,506 SF
  • Lot Size 0.92 AC
  • Building Class C
  • Year Built 1966
  • Zoning C4
50 Walk Score

Highlights

Significant Room Count: A 66-unit hospitality asset consisting of 64 guest keys plus a 2-bedroom manager’s apartment
Deep Value-Add Play: Currently operating as a distressed, owner-absentee asset with approximately 50% of the guest rooms offline
Strategic Branding Potential: A “clean slate” for branding; Wyndham has already expressed interest in flagging this location
Unbeatable Pricing: Offered at just $28,281 per key, representing a substantial discount to replacement cost and recent comparable sales
Strong Submarket Fundamentals: According to CoStar data, the Lewiston Economy/Midscale submarket maintains a 12-month RevPAR of $49.95
Immediate Upside: Bringing the offline rooms back into service allows a buyer to potentially double the current revenue stream

Amenities

  • Pool

Public Transportation

AirportDriveWalkDistance
Lewiston/Nez Perce County 13 min - 4.8 mi
Pullman/Moscow Regional 53 min - 37.9 mi
Kyle B. Matthews 866-889-0550 Matthews Real Estate Investment Services
Kyle B. Matthews 866-889-0550 Matthews Real Estate Investment Services