4315 Tumwater Valley DrTumwater, WA 98501

Nestled above the Deschutes River in Tumwater, Washington, this iconic 1.79-acre property presents a unique investment opportunity. Originally constructed in 1988 by Olympia Brewery as a guest lodge, the building boasts five hotel suites and a substantial gathering space complete with a full kitchen. Currently operating as Serendipity Children's Center, the property's Brewery District zoning unlocks a multitude of potential uses. Significant upgrades have been implemented, including a new composite roof, updated HVAC system, renovated kitchen, and new flooring (preserving the original wood flooring underneath). A large, enclosed playground is also a key feature. Most of the plumbing infrastructure for the hotel suites remains intact, offering a solid foundation for restoration or repurposing. The property's prime location overlooking the Tumwater Valley and its proximity to the Deschutes River provide exceptional visibility and appeal. This is a rare chance to acquire a landmark property with a rich history and significant upside potential. The asking price is $2,200,000.