Imagine owning a thriving business at the heart of a town that TIME forgot – but travelers can’t stop discovering. The Ryan Hotel is not just a property; it’s an experience. A 14-room boutique hotel nestled in a beautifully restored 1903 building, it sits in downtown Wallace, Idaho—a town so steeped in charm it’s been dubbed the “Center of the Universe.”
This turnkey operation is a rare find for visionaries seeking to combine lifestyle with profit. With two commercial spaces on the ground floor (both leased and one recently renovated), a private owner’s suite, and a boutique hotel with skyrocketing growth potential, you’re not just buying a property—you’re buying the opportunity to scale your dream.
Why It’s Perfect for You
Historic Charm Meets Modern Revenue Streams: At an average nightly rate of $130.58, this hotel boasts underutilized potential with current occupancy at 20.3%. Increase it to the industry average of 60%, and the math speaks for itself.
Unbeatable Location: Minutes from Lookout Mountain Resort and Silver Mountain Resort, surrounded by world-renowned hiking and biking trails (which attracts 170,000+ people a year), fishing rivers, and ski runs, it’s the perfect spot for year-round adventure seekers.
Steady Income Beyond Hospitality: Ground-floor tenants include a long-term utility company and a newly renovated office space leased to a Physician.
Unleash Its Full Potential
This isn’t just about lodging—it’s about selling the dream of Wallace. With its breweries, wine bars, festivals, and 6 museums, Wallace attracts visitors who spend—and come back for more. Over 3 million travelers pass through annually enroute to Glacier or Yellowstone National Parks.
Step into this once-in-a-lifetime opportunity to own and grow a piece of Wallace’s thriving tourism economy. Priced at $1,799,999, this property is more than just an investment—it’s a legacy.
What’s Included
REAL ESTATE IS INCLUDED:
Fully furnished, uniquely designed rooms
High-demand booking platform and a stellar online reputation (Google 4.6 stars)
An owner’s suite for onsite management or extra income potential
Ground floor, renovated laundry rooms which can be tenant space as well.
Don’t wait. Opportunity knocks, but it doesn’t wait forever. Contact us now to explore the possibilities and schedule a tour!
Ad#:2362393
