505 Terminal Ave N Active Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9S 4K1
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 981270
Rental Info Unrestricted
Annual Tax Amount $50,345
Tax Year 2024
Lot Size 0.830 Acres
Acres 0.83
Lot Dimensions 161 x 225
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.
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!
Location
Province BC
County Nanaimo, City Of
Area Nanaimo
Zoning COR2
Exterior
Exterior Feature Balcony/Deck
Parking On Site 1
Utilities Available Cable To Lot
Others
Pets Allowed Yes
Tax ID 000-726-656
Ownership Freehold
Acceptable Financing Must Be Paid Off
Listing Terms Must Be Paid Off