501 Three Rivers Dr
Kelso WA 98626
GuestHouse Kelso Longview
501 Three Rivers Dr Kelso WA 98626
Listing #: 703051 | Status: Available | Last Modified: 3/20/2026 |
For Sale
- Phone:(503) 706-1054
- Email:michelle@crystalip.com
- Office Name:Crystal Investment Property LLC
- Office Phone:(503) 530-1316
- Office Website:www.crystalip.com
- Agent Phone:(503) 530-1316
- Agent Email:joe.kennedy@crystalip.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 5,950,000.0
- $/SF$ 144.0
- Listing StatusAvailable
- Days on Market218
- Asset ClassHotel/Motel
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 11.02 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings2
- # of Floors3
- # of Units60
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF41307
- Net Rentable Area34193
- Total Office SF
- Largest Contiguous SF
- Lot SF64925
- Acres1.49
- Property TypeHotel/Motel
- Office Type
- Building Class
- CountyCowlitz
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaCowlitz County
- Tax ID #24024|2
- Additional Parcels
- ZoningRC
- Year Built1999
- Year Renovated2025
- Completion Date
- Roof Type
- Construction Type
Stabilized I-5 Corridor Opportunity Zone Asset
Stabilized I-5 Corridor Opportunity Zone Asset - PRICE REDUCED **Pace-Morby-style offers will NOT be entertained.** GuestHouse Kelso Longview is a 60-key, interior-corridor, select-service, midscale hotel positioned along the I-5 corridor at Exit 39 in Southwest Washington. The asset benefits from a completed 2025 PIP, stabilized operations, and the flexibility to rebrand under a new national, regional, or independent flag. A secure 60-year private ground lease offers long-term control with predictable land costs. Located less than 0.6 miles from the Kelso-Longview Amtrak Station and adjacent to the revitalized Three Rivers Crossing retail and dining center, the property draws balanced demand from regional employers, the Port of Longview, healthcare, manufacturing, and year-round tourism.
