Property Details

924 Highway 2

Newport, WA 99156

$1,875,000

Available

CBA# 667142 courtesy of CBA Listing firm: Coldwell Banker Tomlinson

Schedule a Showing

Select your date preference

Request More Info

I’d like more information about 924 Highway 2, Newport, MLS# 667142

Commercial

Property Type

11,175

Bldg Sq Ft

11.00%

Cap Rate

1955

Year Built

Property Overview

Exceptional hospitality investment opportunity in the growing community of Newport, Washington. This established 24-unit motor inn offers strong in-place income, consistently high occupancy, and outstanding visibility along heavily traveled Highway 2.Positioned for both immediate cash flow and long-term value creation, the property includes an attached former restaurant and bar with seating for approximately 150 guests. This versatile space presents a rare opportunity for reopening, redevelopment, event use, or other revenue-generating ventures. A spacious on-site two-bedroom manager's residence further enhances operational convenience and investment appeal.With excellent highway exposure, easy access, multiple income streams, and significant value-add potential, this property is ideally suited for investors, owner-operators, or hospitality groups seeking a high-visibility asset with room for growth in a thriving regional market.