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503 S 3rd Street La Conner, WA $ 1,100,000
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503 S 3rd Street
$ 1,100,000
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503 S 3rd Street

La Conner, WA, 98257
$ 1,100,000
Baths0.0

Monthly Estimate*

$ 7,684

Listed by Windermere RE Anacortes Prop.
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Studio

Commercial Property for sale in La Conner, WA

for $1,100,000. This building was built in 1882 on a lot size of 0.32.

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.

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Commercial Active

Price

$ 1,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,087

Style

Comm Bldg Und 10K

Lot Size

0.32

Year Built

1882

Town/City

La Conner

County/Region

Skagit

MLS | Web ID

2222743
Features
General
Interior Features Fir/Softwood Wall to Wall Carpet Laminate
Sewer Sewer Connected
Heating Forced Air Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
Exterior Features Wood
HOA 0
Year Built 1882
Topography Sloped
Property SubType Commercial Industrial
Tax Year 2024
County Skagit
Property Type Commercial Sale
HOA / Comm Assn N
Subdivision Name Historic
Possible Use Residential
Building Features Signage Included
Special Listing Conditions None
Status Active
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.
City La Conner
Buyer Agent Compensation 2.5
Senior Community Y/N N
MLS Area 820 - La Conner
Lot Size Square Feet 13939
Carport Y/N N
Street Name 3rd Street
Listing Terms Cash Out Conventional
Tax Annual Amount 6087.41
Property Condition Good
Public Remarks 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 Cascade
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company Town of La Conner
Zoning Class Residential
Property Style 60 - Comm Bldg Und 10K
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Interior
Flooring Softwood Laminate Carpet
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Living Area Units Square Feet
Power Production Type Electric Natural Gas
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Exterior
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 0
Lot Dimensions 95'x90'x149'x105
Lot Size Acres 0.32
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N N
Irrigation Water Rights Y/N N
Parking Uncovered Total 6
Lot Number 6 7 & 8
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Internal Only
OriginalMLSID NWM2222743
Street Number 1 503
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* Excluded Features
List By
John Prosser Jr.

Listing Agent

Windermere Re Anacortes Prop.

Broker

Affordability Calculator

$8,191
Per Month
94%
6%
0%
Monthly Principal & Interest
$7,684
Monthly Property Taxes
$507
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/12/2024$1,100,000 Listed Price

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503 S 3rd Street, La Conner, WA, 98257 is a Commercial Property for sale at $1,100,000 with a lot size of 0.32. 503 S 3rd Street is a studio with 0.0 baths and was built in 1882. The property's zip code is 98257 which is in La Conner, WA

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