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615 S Main St

Colfax, WA 99111
  • $1,490,000
  • STATUS: Active
  • ON SITE: 131 Days
  • MLS #: 287813
UPDATED: 26 min ago
$1,490,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1949
County:
Area:

School Ratings & Info

Description

MLS# 287813 Located on 0.2 acres in Colfax, WA, this 9,250 sq. ft. hotel offers 20units, including 13 one-bed units, 5 two-bed units, 1 furnished apartment, and 1 unfurnished apartment. Built in 1949 with new flooring, the property also includes an office, laundry room and four storage closets. Its prime location is 30-minutes from Washington State University, the University of Idaho, and the regional airport, drawing steady demand year-round. From college football games and parent weekends to festivals and community events like the Lentil Festival, the area provides a constant flow of activity. With a long history of both short- and long-term tenants, this property is a reliable and versatile investment in a thriving college-town community. If you are looking to owner operate this property quickly turns into a cap rate of 10%!

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© 2026 Pacific Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or At Home Real Estate. Data last updated: 2026-02-06T16:39:44.31.
www.athomepalouse.com/homes/168324191
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615 S Main St Colfax, WA 99111

  • Price: $1,490,000
  • Status: Active
  • On Site: 131 Days
  • Updated: 26 min ago
  • MLS #: 287813
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1949
Built
County:
Whitman
Area:
Colfax
Property Description
MLS# 287813 Located on 0.2 acres in Colfax, WA, this 9,250 sq. ft. hotel offers 20units, including 13 one-bed units, 5 two-bed units, 1 furnished apartment, and 1 unfurnished apartment. Built in 1949 with new flooring, the property also includes an office, laundry room and four storage closets. Its prime location is 30-minutes from Washington State University, the University of Idaho, and the regional airport, drawing steady demand year-round. From college football games and parent weekends to festivals and community events like the Lentil Festival, the area provides a constant flow of activity. With a long history of both short- and long-term tenants, this property is a reliable and versatile investment in a thriving college-town community. If you are looking to owner operate this property quickly turns into a cap rate of 10%!
Exterior Features

Built On Grade Yes Dock High Unknown Exterior Features Parking/10+ Spaces Parking 0 - 10 Spaces Rail Access No Roof Composition Shingle Street Road Information Paved Style Of Building Multi-Story Truck Doors No

Interior Features

Air Conditioning Air Wall Cold Storage No Elevators No Heating Baseboard Sprinkler System No

Property Features

Agreements Lease Annual Taxes 2075 Auction No Available Financing CashConventional Bank Owned No Commercial Type Hotel/Motel Ever Occupied Yes For Sale Or Rent For Sale Sale Includes All furniture and appliances Tax Year 2025 Utilities ElectricGas Water Sewer Public WaterSewer Connected Zoning Type COMMCL GENERAL

Listing provided courtesy of KW Palouse: 509-458-4000. © 2026 Multiple Listing Service of Pacific Regional Multiple Listing Service.


© 2026 Pacific Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or At Home Real Estate. Data last updated: 2026-02-06T16:39:44.31.
 
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