7274 HIGHWAY 101

Business For Sale in Powell River, British Columbia

$1,850,000
Seaside Villa Motel - this 12 guest room motel and 10 pad RV park sits on 1.95 acres of west facing land with sweeping views out to the Malaspina Strait. The property sits just outside city limits in the qathet regional district with high traffic visibility on the east side of Highway 101, as vehicles enter town from the south. Profitable and well managed business offers a new owner an excellent platform for growth, with excess development potential for additional density. A circular driveway leads vehicles to parking areas in front of the motel rooms for easy guest access. There is ample additional parking throughout the property. The package is rounded off with a 3 bedroom manager's residence. Please note 4 of the 12 guest rooms are in shell condition and not currently occupiable. Renovations are needed to modernize this asset and bring the occupancy and average room rates up. Share or Asset sale. Please call for info, including the financials. (id:4069)
Address
7274 HIGHWAY 101
List Price
$1,850,000
Property Type
Business
Area
British Columbia
Sub-Area
Powell River
Lot Size
1.95 Sq. Ft.
Year Built
1956
MLS® Number
18627
Listing Brokerage
ROYAL LEPAGE POWELL RIVER
Site Influences
View
Features
Sloping, Visual exposure

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Bill Bailey

460 Realty

118 - 4801 Joyce Ave, Powell River BC V8A 3B7

Office: (604) 223-0811

bbailey@460realty.com