Address not available, Powell River - Business for Sale
Powell River, British Columbia, V8A1E6
This business in Powell River is for sale. It has been on the market 112 days, fresher than the Powell River average of 136 days.
Description
Marland Motel offers a rare investment opportunity in Powell River, BC. This established 19-unit motel and cottage complex is situated on 0.913 acres at the south entrance to town, providing excellent visibility, easy access, and ample on-site parking. The property features 5 standalone cottages, a 4-unit building, a 10-unit two-storey building, and a spacious 3-4 bedroom owner/operator suite. Included are two separate lots: the motel property and an additional vacant residential lot boasting excellent ocean views, offering future development potential. Under the same ownership for approximately 20 years, the business has been conservatively operated and well maintained. With its strong location, diverse accommodation mix, additional land holdings, and significant upside potential in both operations and redevelopment, Marland Motel presents an exceptional opportunity for investors and owner-operators alike. (id:66096)
Property Details
- MLS®
- 20067
- Property Type
- Business
- Business Type
- Accommodation
- Lot Size
- 1.37 acres
- Property Tax
- $21,489/yr
- Listed
- 112 days ago
Features
- Lot Features
- Visual exposure
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 112 days on market, against an average age of 136 days across the listings currently for sale in this city
This business in Powell River has been listed for 112 days, which is 24 days fresher than the city average of 136. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
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$1,950,000
Powell River