About 9986 N Government Way
Nestled in the heart of Hayden, Idaho, the Silver Lakes Inn offers a unique opportunity to own a charming, established business in a picturesque location. Whether you're looking to invest in a beloved local landmark or start your own adventure in the hospitality industry, this Inn is the perfect place to grow. 21 rooms available, 2 Laundry rooms, front office, manager's living quarters, recreation areas. Recently remodeled. Gross income (partial 2024) from April 15, 2024 - December 31, 2024 is $314,117.00. Gross annual income (April 15, 2024 - April 15, 2025) is $408,029.43. Normalized annual expense estimate is $134,117.00. Annual net income based upon annual income and normalized expenses is $273,912.43. Several different room types available. 9/10 star reviews on Booking.com; 9.5/10 stars on Expedia, 9/10 Stars on Priceline; 4.5/5 stars on Tripadvisor; 4.5/5 Stars on Google Business. Buyer and/or buyer's agent to verify all aspects.
Features of 9986 N Government Way
| MLS® # | 25-7929 |
|---|---|
| Price | $2,149,000 |
| Square Footage | 7,933 |
| Acres | 1.21 |
| Year Built | 1957 |
| Type | Commercial Sale |
| Sub-Type | Business, Bld & Land |
| Status | Active |
Community Information
| Address | 9986 N Government Way |
|---|---|
| Area | 03 - Hayden |
| City | Hayden |
| County | Kootenai |
| State | ID |
| Zip Code | 83835 |
Amenities
| View | None |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas, Electric, Mini-Split |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Crawl Space |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Composition, Metal |
| Foundation | Concrete Perimeter |
Additional Information
| Zoning | CBD - Hayden |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Kiemle Hagood |
|---|