505 Terminal Ave N Nanaimo, British Columbia V9S 4K1
$5,200,000
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. IDEAL BUYERS: Hospitality operators looking to expand or establish a footprint, First-time entrepreneurs or investors seeking a profitable turnkey business, Hotel chains/franchises or real estate developers, Families or partners seeking a lifestyle business opportunity, Niche buyers interested in a well-established motel with strong local demand. 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! (id:33633)
Business
| Business Type | Accommodation |
| Name | PORT O CALL MOTEL |
Property Details
| MLS® Number | 981270 |
| Property Type | Business |
| Neigbourhood | Central Nanaimo |
Building
| Fireplace Present | No |
Land
| Acreage | No |
| Size Irregular | 0.83 |
| Size Total | 0.83 Ac |
| Size Total Text | 0.83 Ac |
| Zoning Description | Cor2 |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/27682589/505-terminal-ave-n-nanaimo-central-nanaimo
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Vancouver Island Real Estate Board
460 Realty Inc. (Na)
November 26 2024 02:22:02
