950 Terminal Ave | $1,098,000
Liam Brennan-Mccann Agent Photo
Liam
Brennan-Mccann
P. (250) 753-9688
Phone Liam
Pemberton Holmes - Nanaimo
1st Floor - 503 Comox Road
Nanaimo, BC
Canada V9R 3J2

Details

%
Years (35 year max)
Years



Address 950 Terminal Ave
AreaNanaimo
Sub AreaCentral Nanaimo
State/ProvinceBritish Columbia
CountryCanada
Price$1,098,000
Property TypeBusiness Only
Lot Size7086.00 Square Feet
WaterfrontNo
Taxes $7,106
Tax Year2020
MLS® #866184

Excellent opportunity to own this family owned & operated 9-unit Motel plus 2-bed owners suite in Nanaimo on Vancouver Island of BC. This package is being offered as a 100% share sale plus building & land. Great small business investment with good cashflow & potential for increased income growth. Excellent highway exposure, located in central Nanaimo with easy access to downtown Nanaimo, the ferry & seaplane terminals. Just a short walk to restaurants, groceries, banks, liquor & other shopping amenities. There is a variety of rooms for guests over 2 levels incl 5 deluxe rooms with 2 beds, 3 king size kitchenette studios all which have sliding glass doors to a deck and rear yard, 1 family suite which incl separate bedroom w/balcony, bed, couch & kitchen, & all rooms offer a 4 piece bath. In addition, on site is a 2-bed manager's suite with outdoor patio area, storage room & laundry room. Recent updates include LED TV's in all rooms & lighting in deluxe rooms.


Pemberton Holmes Ltd. has been in business serving the Vancouver Island area since 1887 helping people with their Real Estate needs. Much of Vancouver Island is now serviced with Homes For Sale in areas such as Victoria, Sidney, Saanich, Esquimalt, Colwood, View Royal, Oak Bay, Cordova Bay, Brentwood Bay, Saanichton, Langford, Metchosin, West Shore, Sooke, Mill Bay, Cobble Hill, Cowichan Bay, Shawnigan Lake, Duncan, Cowichan Valley, Chemainus, Crofton, Ladysmith, Lake Cowichan, Salt Spring Island, Nanaimo, Parksville, Courtenay, Comox, Bowser as well as Hornby Island.


Listed by RE/MAX OF NANAIMO


NOTE: VIREB IDX Reciprocity listings are displayed inaccordance with VIREB's broker reciprocity Agreement and are copyright © the Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Data Source: Statistics Canada