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$ 1,950,000
Est. payment /mo
Active
7156 THUNDER BAY STREET Powell River, BC V8A1E6
1.37 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 20067
Lot Size 1.370 Acres
Acres 1.37
Property 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:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N Yes
View View
Attached Garage No
Garage No
Private Pool No
Listed by REMAX Kelowna