Francine Tracey

RE/MAX Commercial Advantage

Cell 604-961-6550

Email: info@francinetracey.com

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81 FIR Street
FVREB Out of Town No City Value V0N 1A0

$750,000
Business with Property

Main Photo: 81 FIR Street in No City Value: FVREB Out of Town Business with Property for sale in "BAYSIDE INN" : MLS®# C8059286
Photo 1: 81 FIR Street in No City Value: FVREB Out of Town Business with Property for sale in "BAYSIDE INN" : MLS®# C8059286
Photo 2: 81 FIR Street in No City Value: FVREB Out of Town Business with Property for sale in "BAYSIDE INN" : MLS®# C8059286
Status:
Active
Prop. Type:
Business with Property
MLS® Num:
C8059286
Bus Major:
Accommodation Travel & Tourism
Bus Minor:
Hotel/Motel
Build. Type:
Mixed Use
For sale is a 15-room motel that includes a restaurant and liquor store with a potential of adding a pub. The motel is in excellent condition, having been originally constructed in the mid-1980s and subsequently renovated in 1998. It is conveniently located in small town Alert Bay, with minimal local competition, making it an ideal opportunity for an owner-operator. Presently, all the motel rooms are occupied, and the liquor license is under lease. Additionally, there is a manager's suite, which is currently occupied by the current owner. This opportunity would be ideal for individuals who are willing to invest their effort, as it has the potential to yield significant cash flow rewards.
Sale Type:
Asset
Business Name:
BAYSIDE INN
Major Bus Type:
Accommodation Travel & Tourism
Minor Bus Type:
Hotel/Motel
Bus Op Since:
1996
Construction:
Wood Frame
Building Type:
Mixed Use, Commercial Mix
Name of Complex/Subdivision:
# Other Units:
Total Floor Area:
9,000 sq. ft.
Lot Area:
0 sq. ft.
Permitted Use:
Mixed Use
Taxes:
$6,640 / 2023
Alarm System, Laundry Facility, Waterfront
Services Connected:
Cable at Lot Line, Electricity, Garbage Collection, Paved Streets, Telephone, Sidewalk
Water Supply:
Municipal
HVAC:
Baseboard
Roof:
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 81 FIR Street in No City Value: FVREB Out of Town Business with Property for sale in "BAYSIDE INN" : MLS®# C8059286
    Photo 1 of 2
  • Photo 2: 81 FIR Street in No City Value: FVREB Out of Town Business with Property for sale in "BAYSIDE INN" : MLS®# C8059286
    Photo 2 of 2
Listed by YPA Your Property Agent
Data was last updated June 22, 2024 at 06:10 AM (UTC)
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