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:4069)
Address
7156 THUNDER BAY STREET
List Price
$1,950,000
Property Type
Business
Transaction Type
Sale
Area
British Columbia
Sub-Area
Powell River
Lot Size
1.37 Sq. Ft.
MLS® Number
20067
Listing Brokerage
REMAX Kelowna
Postal Code
V8A1E6
Site Influences
View
Features
Visual exposure
