Address
5422-5430 W 16 HIGHWAY Terrace, BC
Price
$ 2,900,000
Property Attributes
  • ID#C8037344
  • TypeBusiness Op
  • CountyBC NORTHERN REAL ESTATE BOARD
  • CityTerrace
  • ZipV8G 0C6
  • StyleHotel/motel
  • Price$ 2,900,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Lot Size1.11 Acres
Listing Provided Courtesy Of:
Nationwide Realty Corp.
Data Source:
Canadian Real Estate Association
Property Description

Build your dreams and live as well as work in the most peaceful part of British Columbia with this turn-key operation. Mumford's motel, Beer/Wine bar and restaurant with 160 persons capacity, is the popular place for businesses to wine, dine, and rest. This Motel has an excellent revenue with regular long-term contracts in place. Too many recent upgrades and investments done on these TWO properties. 19 full kitchenette suites, 1 staff apartment with 3 beds 2 baths. 1 staff member would like to stay. The primary liquor license is transferrable and included in the price! GOOD Cap Rate. This is a great investment opportunity in this fastest growing region due to Global Oil and LNG demand. Act fast!!! (id:7434)

General Features

Business Sub Type Hotel/motel
Business Type Accommodation
More Information Link https://www.realtor.ca/real-estate/22975504/5422-5430-w-16-highway-terrace-zone-88
Property Type Business

Interior Features

Building Fireplace Present False

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in V8G 0C6

Price
AVG $2.9M
$2.9M
Visits
AVG 5
4