Bought with Harry Jones JBW Commercial Inc.
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505 Terminal Ave Nanaimo, BC V9S 4K1
0.83 Acres Lot
Key Details
Sold Price -
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 981270
Sold Date -
HOA Y/N No
Annual Tax Amount $50,345
Tax Year 2024
Lot Size 0.830 Acres
Acres 0.83
Property Sub-Type Business
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
Community Na Central Nanaimo
Area Nanaimo
Zoning COR2
Interior
Fireplace No
Exterior
Exterior Feature Balcony/Deck
Parking Features On Site
Utilities Available Cable Connected
View Y/N false
Garage No
Others
Ownership Freehold
Acceptable Financing Must Be Paid Off
Listing Terms Must Be Paid Off
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