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118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
118 Miller Street
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Provided by NWMLS, Listed by eXp Realty
$10,000,000

118 Miller Street

1.38 Acres

Inquire Now

Description

RARE BANKS LAKE INVESTMENT PORTFOLIO! The Sky Deck Motel and nearby apartment property present an exceptional opportunity to acquire two established, high income producing properties in one of Eastern Washington's most desirable recreation destinations. Purchase the entire portfolio or explore the opportunity to acquire either property individually. Situated directly on Banks Lake, the Sky Deck Motel features 21 guest rooms, lake access and an outdoor swimming pool that set it apart in the local hospitality market. Its waterfront setting, established operation and potential for continued growth create a truly unique investment opportunity. Located nearby on a separate parcel, the fully occupied apartment property provides dependable residential rental income and includes a desirable mix of one and two bedroom units. Together, the properties offer diversified revenue from both short term hospitality and long term residential rentals. Purchase one for a strong standalone investment or acquire both to create a rare, diversified portfolio with outstanding income and future potential.

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Location

118 Miller Street, Electric City, WA 99123

Status

For Sale

Property Amenities

Interior
Flooring Ceramic Tile, Hardwood, Laminate, Carpet
Area & Lot
Lot Area 1.38 Acres
MLS® ID 2561381
Year Built 1954
Water Frontage Low Bank, Beach Rights
Type Commercial
Status For Sale
Exterior
Air conditioning Ductless, Insert
Heat type Baseboard, Fireplace Insert, Forced Air
Water Source Public
Sewer Septic Tank, Sewer Connected
Finance
Sales Price $10,000,000
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Thank you for your interest in 118 Miller Street, Electric City, WA 99123. We are reviewing your request and will be in touch shortly!
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Portfolio

For Sale

118 Miller Street
$10,000,000

118 Miller Street, Electric City, WA 99123

For Sale

Private Address
$9,950,000

  • 5 BEDS
  • 5 BATHS
  • 5,410 Sq.Ft.

For Sale

209 Northside Road
$7,399,900

209 Northside Road, Bellevue, WA 98004

  • 8 BEDS
  • 10 BATHS
  • 10,270 Sq.Ft.

Pending

7610 148th Ave NE
$7,000,000

7610 148th Ave NE, Redmond, WA 98052

  • 3 BEDS
  • 1 BATH
  • 1,640 Sq.Ft.

For Sale

8100 428th Avenue SE
$6,980,000

8100 428th Avenue SE, Snoqualmie, WA 98065

  • 7 BEDS
  • 10 BATHS
  • 13,550 Sq.Ft.

For Sale

8711 Talbot Road
$5,200,000

8711 Talbot Road, Edmonds, WA 98026

  • 4 BEDS
  • 5 BATHS
  • 6,708 Sq.Ft.

For Sale

0 XXXO State Route 109
$5,000,000

0 XXXO State Route 109, Pacific Beach, WA 98571

For Sale

3212 S Lakeshore Road
$4,750,000

3212 S Lakeshore Road, Chelan, WA 98816

  • 4 BEDS
  • 6 BATHS
  • 4,980 Sq.Ft.

For Sale

4131 153rd Ave SE
$3,600,000

41311 153rd Ave SE, Bellevue, WA 98006

  • 5,875 Sq.Ft.
View All

Work With Dana

Unparalleled Service from a Real Estate Broker who has lived in the area for over 40 years! He is dedicated to providing exceptional service to his clients. His team offers a wealth of knowledge on local communities, current market conditions, and the process of selling or buying a home. He looks forward to providing you with a real estate experience that exceeds your expectations.

Let's Connect

Get In Touch With Our Team To Learn More

GET IN TOUCH

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Contact Details

Dana Tough

[email protected]

(206)-512-6931

License #22011692

Sun- Mon, 9am-9pm

Dana Tough eXp - REALTOR 1201 Pacific Ave. 6th Floor Tacoma, WA. 98402