7
$6,800,000 Sale
Listed 11 hours ago
1390 Columbia Street
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Key Facts
Key facts for 1390 Columbia Street
Property Type
Other, Other
Parking
Garage: No, 0 parking
MLS #
10364690
Size
-
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1973
Maintenance Fee
-
Description
MOTEL OPPORTUNITY IN KAMLOOPS ~ CANADA'S BEST VALUE INN & SUITE. Excellent investment opportunity in the Kamloops region, a thriving hub for industry, tourism, and transportation with strong year-round demand. This well-maintained motel features 51 rooms, including 6 bachelor suites rented at appro...x. $1000/month, plus a leased restaurant generating $3500/month (plus utilities). Additional highlights include a 2-bedroom manager's suite with office, laundry facilities (2 washers/2 dryers), a large basement storage, and extra rooms currently used for storage. Rooms are renovated with no upgrades required. A franchise agreement with Canada's Best Value Inn is in place. The property sits on just over 1 acre, including an additional 4000 sq.ft area with development potential. Strong cash flow and excellent location make this a rare opportunity. Please do not approach staff for information. A Non-Disclosure Agreement (NDA) is required before releasing business details (id:10452)
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Listing courtesy of: Sutton Group - 1st West Realty
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