Address
1862 State Route 20, Sedro Woolley, WA
Price
$ 1,999,999
Property Attributes
- ID#2558477
- TypeCommercial
- CountySKAGIT
- CitySedro Woolley
- AreaSedro Woolley
- NeighborhoodSedro Woolley
- Zip98284
- StyleHotel/Motel
- Year Built1950
- Taxes$ 14158
- Price$ 1,999,999
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.34 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Don't miss this chance to take advantage of a vacant motel waiting for the next owner's vision. Opportunity to acquire a 48-room private motel at an asking price of $1,999,999—approximately $41,667 per room—in Sedro-Woolley, Washington. Located on State Route 20, the property occupies a strategic location between Interstate 5 and the North Cascades. The site is within 1/2 mile of PeaceHealth United General Medical Center and near downtown Sedro-Woolley, North Cascades National Park, Mount Baker, Diablo Lake, the Skagit Valley Tulip Festival, Cascade Loop Scenic Highway, and year-round recreation. Acquire a 48-room motel at an attractive per-room cost, renovate, and reposition the property to serve tourists, medical visitors, contractors, business travelers, and regional guests. The Sedro-Woolley motel has been pre-approved for conversion by Wyndham (Dazzler by Wyndham), Red Roof Inn, Sonesta Hotels (Sonesta Select), and Americas Best Value Inn, Park Inn (Choice Hotels) giving investors the flexibility to choose from nationally recognized brands. The motel is modeled at a $115 average daily rate and 65% stabilized occupancy, producing approximately $1.28M in annual room revenue and approximately $640K projected NOI before debt service and taxes.
| Price History | |
|---|---|
| 7/22/2026 | Listed $1,999,999 |
General Features
| Cooling | Window Unit(s) |
|---|---|
| Possession | Closing,Negotiable |
| Roof | Composition,Metal |
| Year Built | 1950 |
| Property Subtype | Commercial Industrial |
| Tax Year | 2026 |
| County | Skagit |
| Insurance Expense | 10000 |
| Property Type | Commercial Sale |
| HOA | No |
| Subdivision Name | Sedro Woolley |
| Possible Use | Commercial |
| Special Listing Conditions | None |
| Status | Active |
| Directions | GPS friendly |
| City | Sedro Woolley |
| Senior Community Y/N | No |
| Zoning Description | Commercial |
| MLS Area | 830 - Sedro Woolley |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 58370 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 14158 |
| Public Remarks | Don't miss this chance to take advantage of a vacant motel waiting for the next owner's vision. Opportunity to acquire a 48-room private motel at an asking price of $1,999,999approximately $41,667 pe |
| Structure Type | Hotel/Motel |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Property Style | 64 - Hotel/Motel |
| NWM_ShowMapLink | Yes |
Interior Features
| Flooring | Laminate |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | No |
| Fireplace Y/N | No |
| Power Production Type | Electric |
Exterior Features
| Exterior Amenities | Wood,Wood Products |
|---|---|
| Water Source | Public |
| Lot Size Acres | 1.34 |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 98284
Price
Taxes
Year Built
Visits
