A rare riverfront building in a destination mountain town.
149 Riverside Avenue combines historic character with proven hospitality performance and a uniquely flexible footprint. It is one of the few privately held riverfront buildings in downtown Winthrop, with direct access to the town’s year-round tourism economy.
Located on Riverside Avenue with private riverfront orientation, guests walk directly from town into the property while enjoying unobstructed views over the river corridor.
Main-floor restaurant with bar, commercial kitchen, storage and back-of-house, plus upper-level living quarters that can transition to owner’s residence, staff housing, or guest suites.
Existing footprint and structural layout support a phaseable expansion toward a boutique hotel or hybrid hospitality model, subject to buyer vision and permitting.
Future Hotel Vision
This video showcases the long-term development potential of the Winthrop Palace.
A building designed for hospitality on every level.
The images below reflect the current physical condition of the property: restaurant, bar, deck, apartment spaces, and river-facing outdoor seating.
A platform for a high-end mountain hospitality project.
Preliminary concept work illustrates how this building can support a boutique hotel or expanded hospitality concept in the future.
Illustrates how additional rooms and suites could be layered into the existing footprint while keeping the historic street frontage intact.
A redesigned façade to create a strong arrival sequence for overnight guests while preserving flexible restaurant or private-club use.
A Lifestyle Asset Beyond the Building
Winthrop offers something rare in today’s world: space, silence, river air, and a human pace of living. Buyers seeking clarity, creativity, and a retreat from metropolitan pressure find in Winthrop a four-season destination where life resets naturally. This is where outdoor adventure, small-town charm, and modern remote-work comfort come together.
Stress-Free Mountain Living
A quiet pace, low traffic, walkable streets, fresh river air, friendly community energy, and star-filled skies. Winthrop attracts founders, executives, and creatives seeking a mental reset and an escape from high-pressure, high-density cities. Here, mornings begin with mountain light and end with calm river sounds.
Four-Season Outdoor Paradise
The Methow Valley delivers year-round adventure: the largest groomed Nordic ski system in North America, world-class hiking, mountain biking, fly-fishing, hot-air ballooning, lake recreation, horseback riding, river tubing, and fall foliage that rivals national parks. Each season offers a distinct lifestyle, from summer river days to crisp autumn trails to serene winter landscapes.
A Remote-Work & Creativity Hub
Winthrop attracts professionals who want a more intentional life: fast internet, quiet workspaces, inspiring mountain views, and a community of remote workers, entrepreneurs, artists, athletes, and hospitality operators. It is the ideal base for strategic thinking, writing, long-term projects, and wellness-driven living.
A Destination With Culture & Events Year-Round
Winthrop hosts signature events that draw visitors from across the Pacific Northwest and beyond: the Balloon Roundup, Rhythm & Blues Festival, ’49er Days, rodeos, Christmas at the Shack, farmers markets, Nordic races, art festivals, and seasonal outdoor gatherings. These events bring vitality and year-round economic flow while preserving the valley’s authentic Western charm.
Owning a riverfront building in the heart of this destination is not just an investment – it is an opportunity to anchor yourself in a rare mountain town with global appeal and enduring lifestyle value.
Is This Property For You?
This private offering is designed for qualified domestic and international investors who recognize the value of rare mountain destinations, boutique hospitality assets, and long-term appreciation opportunities in Washington State.
Buyers with strong familiarity with Winthrop and a desire for a lifestyle asset within driving distance of the Seattle–Bellevue region.
Tech and venture-backed individuals with ties to the Pacific Northwest seeking boutique hotel, retreat, or multi-use hospitality investments.
Entertainment and technology professionals seeking cooler-climate escapes and distinctive Western hospitality experiences.
Investors familiar with mountain-town economics and seasonal tourism flows, diversifying into the Pacific Northwest.
Family offices and private hospitality investors seeking remote-yet-connected surroundings with long-term experiential value.
Ultra-high-net-worth global investors who may view Winthrop as a unique U.S. mountain outpost.