Property Details

1611 Love Ln

Wenatchee, WA 98801

$2,300,000

Available

CBA# 715654 courtesy of CBA Listing firm: The Foundation Group

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Commercial

Property Type

5,400

Bldg Sq Ft

Units

7.00%

Cap Rate

1918

Year Built

Property Overview

We are pleased to present Warm Springs Inn, an opportunity to acquire both the business and underlying real estate of one of Central Washington's premier boutique hospitality and event venues. Situated along the Wenatchee River on approximately 10.1 acres, the property is just 18 miles from downtown Leavenworth, offering guests convenient access to one of Washington's most visited tourist destinations while enjoying the privacy and tranquility of a true riverfront retreat. Amenities include a full-size pickleball court, expansive lawn areas, private river frontage, and beautifully landscaped grounds that set the property apart from traditional lodging options.Located minutes from downtown Wenatchee, the property also benefits from one of Central Washington's fastest-evolving markets. The Wenatchee Urban Growth Area has grown approximately 7% since 2015 and is projected to add more than 6,200 new housing units through 2046, supporting continued demand for tourism, business travel, and hospitality services.The estate offers approximately 5,400 square feet of improvements consisting of guest suites, inviting common areas, and on-site office space. Originally constructed in 1918, the property has been meticulously maintained while preserving its historic character, charm, and reputation.The business generates revenue from multiple complementary sources including boutique lodging, weddings and private events, wine room sales, and other hospitality income, creating a diversified revenue stream with significant upside for a more growth-oriented operator. Existing ownership has intentionally operated the property as a lifestyle business, leaving substantial opportunities to increase wedding bookings, expand corporate retreats and private events, grow venue rentals, introduce additional winery programming, and further optimize lodging occupancy.Warm Springs Inn represents an opportunity to acquire an irreplaceable hospitality asset with an established reputation, diversified revenue streams, and meaningful value-add potential through thoughtful operational expansion and continued growth within one of Washington's premier recreation and tourism corridors.