100 Dutch Cup Lane, Sultan, WA 98294
- $3,200,000
Listing courtesy of Westlake Associates, Inc..
- List Price
- $3,200,000
- Status
- PENDING
- MLS#
- 2459949
- Days on Market
- 441
Property Description
The property for sale includes the Dutch Cup Motel, three single family houses, a 4-plex, and 3 operational mobile home pads, all income-producing, situated on a large 2.39 acre lot in Downtown Sultan. Exceptional redevelopment potential on a sizable lot. Originally constructed in 1970, the Dutch Cup is a 22-key motel which fronts Main Street and has great visibility from Highway 2. Directly behind the Dutch Cup is about 2 acres of flat land that is zoned for high density residential. The current ownership group self manages and have operated the motel for many years. Additionally, we believe an investor can redevelop the 2 acres of land in the back to build either multifamily housing or single family homes. Utilities are already on site.
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Additional Information
- Community
- Sultan
- Style
- 64 - Hotel/Motel
- Year Built
- 1970
- Roof
- Composition
- Potential Terms
- Cash Out, Conventional
- Driving Directions
- Heading east on WA-522 E, and merging onto US-2 via Monroe, in Sultan, turn left onto Main St. Immediate right on Dutch Cup Lane. Site is straight forward next to O'Reilly Auto Parts.
- Energy Source
- Electric
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