Presented by Robert J. Iio Personal Real Estate Corporation — Team 110 RE/MAX Real Estate (Kamloops).
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 approx. $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:61048)
MLS® Number | 10364690 |
Property Type | Hospitality |
Neigbourhood | South Kamloops |
Constructed Date | 1973 |
Type | Other |
Acreage | Yes |
Size Irregular | 1.07 |
Size Total | 1.07 Ac|1 - 5 Acres |
Size Total Text | 1.07 Ac|1 - 5 Acres |
Zoning Type | Commercial |
https://www.realtor.ca/real-estate/28937713/1390-columbia-street-kamloops-south-kamloops
Contact us for more information
Jay Choi
(604) 942-7211
(604) 942-2437
www.sutton1stwest.com/