This is a confidential opportunity to acquire a landmark mixed-use commercial property located in the heart of Winthrop, Washington. Positioned directly on Riverside Avenue with riverfront exposure, the asset sits within one of the most visited tourism corridors in the North Cascades region.
The property benefits from direct riverfront positioning within a regulated corridor, creating a highly constrained development environment where comparable assets are limited. Properties with similar location, scale, and configuration are increasingly difficult to replicate, enhancing long-term scarcity and strategic value.
The property consists of an approximately 13,064 square foot multi-level structure featuring a basement, main level, and upper floor. The building currently operates as a restaurant with supporting infrastructure, while the upper level includes residential-style units utilized for overnight lodging.
The layout supports multiple income streams including continued restaurant operations, short-term lodging, or expanded hospitality concepts. Commercial zoning allows for repositioning into a boutique hospitality concept or hybrid mixed-use investment.
Direct Methow River exposure in a regulated development corridor. New properties of this scale cannot be built — scarcity is structural and permanent.
100% occupied with active restaurant operations, bar revenue, and lodging units all running simultaneously. Immediate cash flow from closing.
Winthrop is one of Washington State's top tourism destinations, drawing visitors year-round for skiing, hiking, biking, and the iconic Western-themed Main Street.
Asset supports expansion into a boutique hotel, event venue, or expanded F&B concept — significant value-add potential remains untapped.
Managed directly by ownership with legal counsel and title company in place. No broker delays, no commission. Qualified buyers move straight to negotiation.