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Listing Details

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Description

Excellent opportunity to own this family owned & operated 9-unit Motel plus 2-bed owners suite in Nanaimo on Vancouver Island of BC. This package is being offered as a 100% share sale plus building & land. Great small business investment with good cashflow & potential for increased income growth. Excellent highway exposure, located in central Nanaimo with easy access to downtown Nanaimo, the ferry & seaplane terminals. Just a short walk to restaurants, groceries, banks, liquor & other shopping amenities. There is a variety of rooms for guests over 2 levels incl 5 deluxe rooms with 2 beds, 3 king size kitchenette studios all which have sliding glass doors to a deck and rear yard, 1 family suite which incl separate bedroom w/balcony, bed, couch & kitchen, & all rooms offer a 4 piece bath. In addition, on site is a 2-bed manager's suite with outdoor patio area, storage room & laundry room. Recent updates include LED TV's in all rooms & lighting in deluxe rooms.

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http://www.vreb.org/vreb/VREBReciprocityProgram.html

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Call Victoria Home | Sutton Group-West Coast Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2021-09-16T16:22:05.72.
www.callvictoriahome.com/homes/114219870
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950 Terminal Ave N Nanaimo, BC V9S 4K4

  • Price: $1,098,000
  • Status: Active
  • Updated: 48 min ago
  • MLS #: 866184
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Beds
0
Baths
0
½ Baths
0.16
Acres
Neighbourhood:
Na Central Nanaimo
Area:
Nanaimo
School District:
Nanaimo, City Of
Property Description
Excellent opportunity to own this family owned & operated 9-unit Motel plus 2-bed owners suite in Nanaimo on Vancouver Island of BC. This package is being offered as a 100% share sale plus building & land. Great small business investment with good cashflow & potential for increased income growth. Excellent highway exposure, located in central Nanaimo with easy access to downtown Nanaimo, the ferry & seaplane terminals. Just a short walk to restaurants, groceries, banks, liquor & other shopping amenities. There is a variety of rooms for guests over 2 levels incl 5 deluxe rooms with 2 beds, 3 king size kitchenette studios all which have sliding glass doors to a deck and rear yard, 1 family suite which incl separate bedroom w/balcony, bed, couch & kitchen, & all rooms offer a 4 piece bath. In addition, on site is a 2-bed manager's suite with outdoor patio area, storage room & laundry room. Recent updates include LED TV's in all rooms & lighting in deluxe rooms.
Exterior Features

Construction Materials BlockConcreteInsulation All Entry Location Main Level Exterior Features Balcony/DeckFencing: PartialSign: Pylon Lot Features Marina NearbyShopping Nearby Parking Features On Site Road Frontage Type Highway View YN No Waterfront YN No

Interior Features

Cooling Air Conditioning Cooling YN Yes Fireplace YN No Flooring Mixed Foundation Details Slab Heating BaseboardElectric Heating YN Yes

Property Features

Ownership Freehold Property Sub Type Business Rental Allowed Unrestricted Sewer Sewer Connected Tax Annual Amount 7106 Tax Jurisdiction City Of Nanaimo Tax Year 2020 Water Source Municipal Youngest Age Allowed 0 Zoning Cor2

Listing provided courtesy of Re/Max Of Nanaimo and [CO-OFFICENAME].

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
http://www.vreb.org/vreb/VREBReciprocityProgram.html

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Call Victoria Home | Sutton Group-West Coast Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2021-09-16T16:22:05.72.
 
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Victoria BC, V8X5J2