1390 Columbia Street Active Save Request In-Person Tour Request Virtual Tour
Kamloops,BC V2C2W8
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision South Kamloops
MLS Listing ID 10364690
Year Built 1973
Lot Size 1.070 Acres
Acres 1.07
Property Sub-Type Freehold
Source Association of Interior REALTORS®
Property 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 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:24570)
Location
Province BC
Zoning Commercial
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold