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$ 1,850,000
Est. payment /mo
Active
7274 HIGHWAY 101 Powell River, BC
1.95 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 18627
Originating Board Powell River Sunshine Coast Real Estate Board
Year Built 1956
Lot Size 1.950 Acres
Acres 1.95
Property Description
Seaside Villa Motel - this 12 guest room motel and 10 pad RV park sits on 1.95 acres of west facing land with sweeping views out to the Malaspina Strait. The property sits just outside city limits in the qathet regional district with high traffic visibility on the east side of Highway 101, as vehicles enter town from the south. Profitable and well managed business offers a new owner an excellent platform for growth, with excess development potential for additional density. A circular driveway leads vehicles to parking areas in front of the motel rooms for easy guest access. There is ample additional parking throughout the property. The package is rounded off with a 3 bedroom manager's residence. Please note 4 of the 12 guest rooms are in shell condition and not currently occupiable. Renovations are needed to modernize this asset and bring the occupancy and average room rates up. Share or Asset sale. Please call for info, including the financials. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N Yes
View View
Private Pool No
Listed by ROYAL LEPAGE POWELL RIVER