201 River St, Mullan, ID 83846
sale
$449,000
|
Other
Courtesy Of eXp Realty LLC
Creekside property with endless potential! This former hotel sits on a large lot with high visibility right off the freeway. Located next to the Trail of the Coeur d'Alenes and just minutes from Lookout Pass Ski Resort, this property is perfectly positioned to capture year-round recreation traffic. While the existing structures need significant work, the solid layout provides a flexible starting point for redevelopement. Whether you envision restoring the hotel, converting it into rentals, or creating a boutique lodge, the opportunities are endless. With tourism growing and Lookout Pass expanding, now is the time to invest in this diamond in the rough and bring your ideas to life. Currently 2 of the 13 rooms are being used as a vacation rentals so it is already a money maker. Seller will carry the contract with $350,000 down, monthly payments with a balloon payment at 5 years.
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Property Features
- Age: Over 50 Years Old
- Amenities: Disabled Access
- Exterior Type: Wood Siding
- Exterior Type: Frame
- Exterior Type: Steel Siding
- Heating System: Electric (Heating)
- Heating System: Baseboard
- Legal Description: TN TAX 124 34-48-5 MULLAN TOWNSITE
- MLSID: 25-9647
- Roof Type: Metal
- View Type: River
- View Type: City
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