Listing provided courtesy of HomeSmart Real Estate AssocNWMLSas Distributed by MLSGrid- MLS# NWM2484447MLS Provider

208 E Main StreetElma, WA 98541

Commercial · 0.58 Acres
$1,600,000 Active

208 E Main Street Overview

Visits:
1

Cozy cottage motel, high revenue, low overhead opportunity $1,700,000 – Owner retiring due to health, a must-see property in the heart of Elma, 16 total units, consisting of 10 motel rooms and 6 fully furnished apartments, cash cow. Strong nightly + long-term bookings, on-site coin laundromat (pure profit) Features a high-capacity coin-operated laundromat with 14 washers and 14 dryers, providing an additional steady revenue stream, overhead almost nil. No staff needed, just a couple can run it: check-ins, laundry, light cleaning. New roof 2025, asphalt 2025, siding and windows have a current bid for $120,000 will be completed 2 and a half weeks after closing or depending on contractor’s schedule. Prime location near restaurants and shops. Generates serious revenue—call for pro forma. Turnkey, profitable, low-stress—ideal for the right buyer. Rudy Amesquita is a Washington licensed real estate agent and owner of CJNR LLC.

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208 E Main Street Facts & Features

  • Type Commercial
  • Lot 0.58 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Income/Expenses

  • Annual Expenses: 43574
  • Annual Gross Sales: 281339
  • Annual Rent: 0

Building Information

  • Year Established: 1941

Business Information

  • Business Type: Hospitality

Location/Region

  • Country: US
  • County Or Parish: Grays Harbor
  • MLS Area Major: 200 - Elma
  • Subdivision Name: Elma

Rent/Lease Information

  • Lease Assignable: No

General Information

  • Listing Terms: Cash, Conventional, SBA
  • Parcel Number: 049500100600
  • Property Sub Type: Business Opportunity
  • Property Type: Business Opportunity
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 24
  • Parking Uncovered Total: 20

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.5773
  • Lot Size Square Feet: 25146
  • Lot Size Units: Square Feet
  • Elevation Units: Feet

General Information

  • Carport: No
  • Covered Spaces: 4

208 E Main Street Neighborhood

Community

98541 (ELMA) Demographics

41
Median Age
51
Population Density (per sq. mile)
22%
College Educated
$52,029
Estimated Median Income
2,816
Estimated Total Home Owners
1,232
Estimated Total Renters
70% / 30%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

208 E Main Street Monthly Cost

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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

208 E Main Street Market Data

Based on the last 30 days in this zip code

$646,507
Average List Price
$336
Average Price per Square Foot
10
Properties Sold
86
Average Days on Market
50
Properties for Sale
Calculations provided by Reliance Network

208 E Main Street History

Date Event Value Agent
4/6/2026Source: NWMLS Price Reduction
$1,600,000 -5.9%
2/26/2026Source: NWMLS Added to Database
February 26, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021