Cedars Inn

1716 Main Street, Lewiston, ID 83501

  • For Sale $1,900,000
  • Property Type Other
  • Property Size 39,901 SF
  • Units 64
  • Lot Size 0.92 Acre
  • Additional Rent Contact for pricing
  • Year Built 1963
  • Date Updated Sep 10, 2024
Lewiston is the second-largest city in the Northern Idaho Region, and has a growing economy. This city is the primary regional transportation, retail, health care, and entertainment center of the surrounding area. Lewiston has seen the job market increase by 2.6% over the last year. Future Job growth is expected to rise 40.6% over the next 10 years- higher than the U.S average of 33.5%. As both the economy and increases in Lewiston, the potential upside for hoteliers does as well. More demand generators and movement within Lewiston can mean more business expansion, retention, and recruitment.The Bowman Post Group of NewGen Advisory is pleased to present for sale the Cedars Inn and Suites in Lewiston, Idaho. Conveniently located directly off Highway 12 in Downtown Lewiston, this property is easily accessible to both travelers in Idaho and Washington.

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Highlights

  • 64 rooms, 2 stories
  • Priced to Sell at $29,687 Per Key
  • 2022 Room Revenue - $477,949
  • 2023 Room Revenue - $422,494
  • Located in Opportunity Zone
  • Located less than 2 miles from the Clearwater Paper Mill - the largest demand generator for all of Lewiston
  • Upside Potential: Rebranding Opportunities Available / Conversion to Alternative Use

Contacts

broker

Andrew Post

NewGen Advisory

Location

Getting Around

  • Walk Score ®

    70/100 Very Walkable

  • Bike Score ®

    72/100 Very Bikeable
Powered by Walk Score ®
  • City Lewiston, ID
  • Neighborhood Lewiston
  • Zip Code 83501

Points of Interest

  • Safeway

    1.32 miles

  • Zip Trip

    2.81 miles

  • Conoco

    4.73 miles

  • Valley Gas

    9.80 miles

  • D Street Parking Lot

    0.94 miles

  • Cedars Inn Lewiston

    0.06 miles

  • Inn America Lewiston

    0.29 miles

  • GuestHouse Inn & Suites Lewiston

    0.34 miles

  • Red Lion Hotel Lewiston

    0.36 miles

  • Comfort Inn

    0.38 miles

  • Pioneer Motel

    0.51 miles

  • Evergreen Motel

    0.58 miles

  • Econo Lodge Lewiston

    0.63 miles

  • El Rancho Motel

    0.63 miles

  • Holiday Inn Express Lewiston

    1.19 miles

  • Dairy Queen

    0.41 miles

  • Golden Dragon

    0.60 miles

  • Main Street Grill

    0.89 miles

  • Taco Bell

    1.00 miles

  • Taco Time

    1.09 miles

  • Wendy's

    1.09 miles

  • Zany Graze

    1.13 miles

  • Shari's

    1.16 miles

  • Red Lobster

    1.19 miles

  • Panda Express

    1.32 miles

  • Whitman Elementary School

    0.40 miles

  • Lewiston Senior High School

    0.54 miles

  • Jenifer Junior High School

    0.60 miles

  • Garfield School

    0.80 miles

  • Webster Elementary School

    0.95 miles

  • Lewis-Clark State College

    0.96 miles

  • McSorley Elementary School

    1.25 miles

  • Northwest Childrens Home Education Center

    1.63 miles

  • Beacon School

    1.73 miles

  • McGhee Elementary School

    2.31 miles

Frequently Asked Questions

How much does Cedars Inn cost?

The space currently listed for sale at Cedars Inn asks for $1,900,000.

What is the total square footage of Cedars Inn?

Cedars Inn totals 39,901 square feet.

When was this property built?

Cedars Inn was built in 1963.

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Contact Listing Broker

broker

Andrew Post

NewGen Advisory