208 E Main Street, Elma, WA 98541

$1,600,000

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Listing courtesy of HomeSmart Real Estate Assoc.

List Price
$1,600,000
Status
ACTIVE
MLS#
2484447
Price Change
▼ $100,000 1775542100
Days on Market
150

Property Description

Cozy cottage motel, high revenue, low overhead opportunity $1,700,000 – Owner retiring due to health, a must-see property in the heart of Elma, 16 total units, consisting of 10 motel rooms and 6 fully furnished apartments, cash cow. Strong nightly + long-term bookings, on-site coin laundromat (pure profit) Features a high-capacity coin-operated laundromat with 14 washers and 14 dryers, providing an additional steady revenue stream, overhead almost nil. No staff needed, just a couple can run it: check-ins, laundry, light cleaning. New roof 2025, asphalt 2025, siding and windows have a current bid for $120,000 will be completed 2 and a half weeks after closing or depending on contractor’s schedule. Prime location near restaurants and shops. Generates serious revenue—call for pro forma. Turnkey, profitable, low-stress—ideal for the right buyer. Rudy Amesquita is a Washington licensed real estate agent and owner of CJNR LLC.

Additional Information

Community
Elma
# of Assigned Spaces
24
Potential Terms
Cash, Conventional, SBA
Driving Directions
Follow US 101N and WA 8 W to Elma McCleary Rd in Elma, take US 12 exit from WA 8 W. Turn right onto Elma McCleary rd, then left onto E Main St, destination will be on the right.
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