7
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Listed by Westlake Associates, Inc.
$3,995,000
Est. payment /mo
2.39 Acres Lot
New
100 Dutch Cup LN Sultan, WA 98294
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Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Sultan
MLS Listing ID 2396945
Style 64 - Hotel/Motel
Year Built 1970
Lot Size 2.390 Acres
Property Sub-Type Commercial Industrial
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.
Location
State WA
County Snohomish
Area 750 - East Snohomish County
Interior
Fireplace false
Exterior
Exterior Feature Wood Products
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.