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Downtown Walla Walla Wine Country Franchise

$6,500,000

520 North 2nd Avenue, Walla Walla, WA 99362

Active
Last Updated: 11/21/2025

6.84

Cap Rate

444,279

NOI

Details:
Cap Rate:    6.84%
NOI:    $444,279
Building Size:    26,769 sqft
Lot Area:    2.03 acres
Keys:    61
Year Built:    1989
Seller Financing:    No
Opportunity Zone:    Yes
Year Last Renovated:    2022
Highlights:
  • Midscale | Select Service | 61 Keys
  • Updated Property Improvement Plan (PIP)
  • Walkable Downtown Walla Walla Location | Restaurant Adjacent
  • 130+ Wineries Drive Year-Round Demand
  • US-12 & Airport Access, Drive-To Market
  • Choice-Backed Franchise & Loyalty Reach
  • Indoor Pool & Hot Tub
  • Property May Have Potential To Expand
  • Located In A Qualified Opportunity Zone (QOZ)
Description:

CIP Exclusive - Just Listed!

Quality Inn & Suites Walla Walla is a 61-key, midscale, select-service, interior-corridor hotel under the Choice Hotels franchise. Recent renovations meet brand standards with no outstanding seller PIP, limiting near-term capital needs. Amenities include an indoor pool and spa, while accommodations offer a diverse mix of kings, queens, ADA rooms, and suites, with select units featuring kitchens or jetted tubs, supporting both business and leisure demand. The 2.03-acre site allows potential for site optimization or expansion, subject to buyer verification. Positioned just off US-12 for efficient regional access, with steady year-round visitation anchored by the Walla Walla Valley’s 130+ wineries.

IMPORTANT
Building size is approximate and all information is obtained from sources deemed reliable but subject to buyer verification. All property tours must be arranged through the broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!

Selling Broker co-op (if available) contingent upon receipt and CIP approval of Buyer Registration in advance of receipt of the marketing package, financials, and presentation of offers. No co-op without CIP approval of Buyer Registration. State law prohibits CIP from offering a Broker co-op to any Broker not licensed in the state where the listed property is located. Please call with questions regarding this requirement.

Map:
Documents:
Title
Quality_Inn_Walla_Walla_Brochure.pdf
View Offering Memorandum & Financials
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Location
Gallery