$425,000
Est. $2,145/mo520 23rd Street, Hoquiam, WA 98550
• Listed 2026-05-14•23 days on market
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Based on information submitted to the MLS GRID as of May 14, 2026 at 04:25pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Welcome Inn! Established, historic Hoquiam bar/tavern opportunity with additional residential income! The Welcome Inn offers ~980 sq ft of operating space with a ~230 sq ft outdoor smoking area, full commercial kitchen, walk-in fridge/freezer/dry storage. Sale comes with all equipment and furnishings, ready to go! Also included is the house next door - a ~1,015 sq ft residence featuring 3 bedrooms and 1 bath, currently rented at $1400/month—adding consistent income to the investment. A unique chance to own an established business with additional real estate in a convenient Hoquiam location! Come make it your own!
Listed by Kevin Spivey • Spivey Realty Group, LLC
Listing updated: May 14, 2026 at 04:25pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2519717
Open houses
No upcoming open houses scheduled for this property.
$198,000
-$227,000 under list price
Nearby comparable homes
RexMont uses 3 strongest recent nearby sales, priced between $100K and $225K.
Rental earnings
$600/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$100,000Last sold price
2210 Aberdeen Avenue, Hoquiam, WA 98550

$225,000Last sold price
214 Endresen Road, Hoquiam, WA 98550
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
520 23rd Street, Hoquiam, WA 98550
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
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Hoquiam is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 19 days.
$382,000 Sold
2 days ago
4 bd•1.5 ba•~2,037 sq ft•Single Family
512 M Street, Hoquiam, WA 98550
2%
Over list
—
Days on market
0.9 mi
Distance
$346,700 Sold
4 weeks ago
3 bd•1 ba•~1,812 sq ft•Single Family
2312 Cherry St, Hoquiam, WA 98550
2%
Under list
—
Days on market
0.2 mi
Distance
$245,000 Sold
6 weeks ago
2 bd•1 ba•~988 sq ft•Single Family
3102 Aberdeen Avenue, Hoquiam, WA 98550
0%
Over list
—
Days on market
0.8 mi
Distance
$345,000 Sold
7 weeks ago
4 bd•2.5 ba•~1,249 sq ft•Single Family
2815 Aberdeen Avenue, Hoquiam, WA 98550
0%
Over list
—
Days on market
0.6 mi
Distance
$130,000 Sold
7 weeks ago
2 bd•1 ba•~843 sq ft•Single Family
417 Monroe Street, Hoquiam, WA 98550
4%
Over list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.