Active
505 Terminal Ave N
Nanaimo BC, V9S 4K1
$5,200,000
Active
Commercial
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.
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!
981270
MLSⓇ ID
November 25, 2024
Listed
November 26, 2024
Updated
Map
505 Terminal Ave N
Nanaimo BC, V9S 4K1
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.83 Acres
Exterior Features
Balcony/Deck
Other Property Details
Area Name
Nanaimo
Taxes
$50,345
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking
On Site
Parking Total
0
View
No
County
Nanaimo, City of
Pool
No
Zoning
COR2
Courtesy of 460 Realty Inc. (NA), Win Myint
Listing Contact: 250-732-8388
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