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$5,200,000
Est. payment /mo
0.83 Acres Lot
UPDATED:
11/26/2024 03:11 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 981270
Rental Info Unrestricted
Annual Tax Amount $50,345
Tax Year 2024
Lot Size 0.830 Acres
Acres 0.83
Lot Dimensions 161 x 225
Property Sub-Type Business
Property Description
PRIME INVESTMENT OPPORTUNITY: Presenting a unique opportunity to acquire the well-established Port-O-Call Inn & Suites, a recently renovated 42-unit motel located in the heart of Nanaimo, British Columbia. This property offers a prime location just minutes from key local attractions, including the Departure Bay Ferry Terminal, Newcastle Island Marine Provincial Park, downtown Nanaimo and Vancouver Island University make this a highly desirable location for tourists and business travelers alike.
PROPERTY HIGHLIGHTS: The motel boasts 42 newly renovated guest rooms, including 18 fully-equipped kitchenette suites, a spacious 2-bedroom manager’s suite, a leased onsite Japanese restaurant for additional income stream, and the property is in excellent condition following recent upgrades.
This is a rare opportunity to invest in a thriving business in one of British Columbia's most sought-after communities. Don't miss out on owning a piece of Nanaimo's hospitality market!
PROPERTY HIGHLIGHTS: The motel boasts 42 newly renovated guest rooms, including 18 fully-equipped kitchenette suites, a spacious 2-bedroom manager’s suite, a leased onsite Japanese restaurant for additional income stream, and the property is in excellent condition following recent upgrades.
This is a rare opportunity to invest in a thriving business in one of British Columbia's most sought-after communities. Don't miss out on owning a piece of Nanaimo's hospitality market!
Location
Province BC
County Nanaimo, City Of
Area Nanaimo
Zoning COR2
Exterior
Exterior Feature Balcony/Deck
Parking On Site 1
Utilities Available Cable To Lot
Others
Pets Allowed Yes
Tax ID 000-726-656
Ownership Freehold
Acceptable Financing Must Be Paid Off
Listing Terms Must Be Paid Off
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Listed by 460 Realty Inc. (NA)