118 Miller Street , Electric City, WA 99123

$10,000,000
  • 118 Miller Street , Electric City, WA 99123 Main Photo

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New to the Market Active

Listing Courtesy of: eXp Realty
Agency Phone: 888-317-5197
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MLS#2561381
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONElectric City

Listing Courtesy of: eXp Realty
Agency Phone: 888-317-5197
IDX logo


Property Description

RARE BANKS LAKE INVESTMENT PORTFOLIO! The Sky Deck Motel and nearby apartment property present an exceptional opportunity to acquire two established, high income producing properties in one of Eastern Washingtons most desirable recreation destinations. Purchase the entire portfolio or explore the opportunity to acquire either property individually. Situated directly on Banks Lake, the Sky Deck Motel features 21 guest rooms, lake access and an outdoor swimming pool that set it apart in the local hospitality market. Its waterfront setting, established operation and potential for continued growth create a truly unique investment opportunity. Located nearby on a separate parcel, the fully occupied apartment property provides dependable residential rental income and includes a desirable mix of one and two bedroom units. Together, the properties offer diversified revenue from both short term hospitality and long term residential rentals. Purchase one for a strong standalone investment or acquire both to create a rare, diversified portfolio with outstanding income and future potential.

118 Miller Street | MLS# 2561381

This commercial property located at 118 Miller Street , Electric City, WA 99123 is currently listed for sale with an asking price of $10,000,000. Search Electric City real estate on www.cbmoseslake.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 1.38 Acres
Year Built: 1954

Feature Descriptions

Days on Site: 2
Parcel#: 01002900
Sewer: Septic Tank, Sewer Connected
Structure Type: Hotel/Motel
Water: Public
Water Features: Low Bank, Beach Rights

Listed By / Shown By

Listed By

Agency Name: eXp Realty
Agency Phone: 888-317-5197

Shown By

Agency Title: Coldwell Banker Tomlinson Ranch & Home
Agency Phone: (509) 766-0300

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