503 S 3rd Street
La Conner, WA 98257
0.32 acres | #2222743
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.
Property Details
- InteriorFir/Softwood, Laminate, Wall to Wall Carpet
- Style60 - Comm Bldg Und 10K
- Property SubtypeCommercial Industrial
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Date ListedApril 12, 2024
- Structure TypeUnspecified
- Original List Price$1,100,000
- Property TypePurchase
- SubdivisionHistoric
- MLS #2222743
- Cost1100000
- MLS #2222743
- Utility SourcePublic
- CountySkagit
- Taxes Annual$6,087
- Exterior MaterialsWood
- Acres0.32
- Year Built1882
- Property ConditionGood
- Days on Market (Cumulative)148
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-13 20:07:04. 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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Last Updated:Â . Source: NWMLS
Listing Courtesy
Listing Agent: John Prosser Jr. (#NWM18280)
Listing Office: Windermere RE Anacortes Prop. (#NWM8640)
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