503 S 3rd Street , La Conner, Wa 98257

WA, La Conner
$1,100,000
  • 0.32 Acre
  • Commercial Sale Property Type
  • 1882 Year Built
  • Closed Status
Property 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.

Source: NWMLS
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 2222743
  • Price: $1,100,000
  • Year Built: 1882
  • Lot Area: 0.32 Acre
  • Status: Closed
  • Office Name: Windermere RE Anacortes Prop.
  • Agent Name: John Prosser Jr.
  • Property Sub Type: Commercial Industrial
  • Roof: Composition
Features
  • Heating System Forced Air, Wall Unit(s)
  • Cooling System None
  • Exterior Features Wood
  • Flooring Carpet, Laminate, Softwood
  • Interior Features Wall to Wall Carpet, Fir/Softwood, Laminate
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Skagit
  • City La Conner
  • Zipcode 98257
  • Street: 3rd Street
  • Street Number: 503
  • Longitude: W123° 30' 20.8''
  • Latitude: N48° 23' 27.4''
  • Directions: From Round-a-bout entering La Conner continue on Morris Street to South 2nd Street turn left to Washington Street, go left to South 3rd Street, property is ahead on the right, see sign Katy's Inn.
  • Mls Area Major: 820 - La Conner
  • Street Dir Prefix: S
Additional Information
  • Lot Size Dimensions: 95'x90'x149'x105
  • Water Source: Public
  • Possible Use: Residential
  • On Market Date: 2024-04-12
  • Foundation Details: Poured Concrete
Financial
  • Tax Annual Amount: 6087.41
Listing Information
  • List Agent Mls Id: 18280
  • List Office Mls Id: 8640
  • Listing Term: Cash Out,Conventional
  • Mls Status: Sold
  • Modification Timestamp: 2025-01-27T12:02:10Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-12-31T22:45:41Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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