505 Terminal Ave N Active Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9S4K1
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Central Nanaimo
MLS Listing ID 981270
Originating Board Vancouver Island Real Estate Board
Lot Size 0.830 Acres
Acres 36154.8
Property Description
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:24570)
Location
Province BC
Zoning Unknown
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold