www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34602221
34602220

1611 Love Ln, Wenatchee, WA 98801 For Sale

ES
WA 125178
The Foundation Group
Listed by The Foundation Group
$2,300,000
3 days on market
Updated 3 days ago

Warm Springs Inn & Winery

Details
APN 232019120350
Property Type Hospitality, Special Purpose (+1)
Sub Type Hotel, Wedding venue (+1)
Square Footage 5,400
Keys 6
NOI $134,684
Tenancy Single
Price per SqFt $426
Year Built 1918
Stories 4
Acreage 10.100
Investment Type Owner/User
Ground Lease No

Riverfront retreat on 10.1 acres, 18 miles to Leavenworth with a full-size pickleball court

Marketing description

The Foundation Group is pleased to present Warm Springs Inn, an opportunity to acquire both the business and underlying real estate of one of Central Washington's premier boutique hospitality and event venues. Situated along the Wenatchee River on approximately 10.1 acres, the property is just 18 miles from downtown Leavenworth, offering guests convenient access to one of Washington's most visited tourist destinations while enjoying the privacy and tranquility of a true riverfront retreat. Amenities include a full-size pickleball court, expansive lawn areas, private river frontage, and beautifully landscaped grounds that set the property apart from traditional lodging options.

Located minutes from downtown Wenatchee, the property also benefits from one of Central Washington's fastest-evolving markets. The Wenatchee Urban Growth Area has grown approximately 7% since 2015 and is projected to add more than 6,200 new housing units through 2046, supporting continued demand for tourism, business travel, and hospitality services.

The estate offers approximately 5,400 square feet of improvements consisting of guest suites, inviting common areas, and on-site office space. Originally constructed in 1918, the property has been meticulously maintained while preserving its historic character, charm, and reputation.

The business generates revenue from multiple complementary sources including boutique lodging, weddings and private events, wine room sales, and other hospitality income, creating a diversified revenue stream with significant upside for a more growth-oriented operator. Existing ownership has intentionally operated the property as a lifestyle business, leaving substantial opportunities to increase wedding bookings, expand corporate retreats and private events, grow venue rentals, introduce additional winery programming, and further optimize lodging occupancy.

Warm Springs Inn represents an opportunity to acquire an irreplaceable hospitality asset with an established reputation, diversified revenue streams, and meaningful value-add potential through thoughtful operational expansion and continued growth within one of Washington's premier recreation and tourism corridors.

Investment highlights

  • Real estate and operating business
  • Active wedding venue and event business
  • Six-room bed and breakfast operation
  • Existing wedding contracts and future bookings
  • Website and booking platform
  • Established social media presence
  • Vendor and referral relationships
  • Wedding venue permits and operating infrastructure
  • Established online reputation and reviews
  • Extensive inventory of wedding and event furnishings (décor, tables, chairs, glassware, cutlery, and event supplies)

Listing Contacts

ES
WA 125178
The Foundation Group
Listed by The Foundation Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$134,684.00
$11,223.67/mo

Valuation Metrics

0
DSCR
5.86%
Cap Rate
5.86%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591