• For Sale
  • 2 years ago
  • 84 views

1485 Columbia Avenue, South Castlegar, BC, V1N 1H8

$1,400,000

Description

Download the brochure at the link below for more info. Offered is a share or asset sale of the Twin Rivers Motel, in Castlegar, BC - an exceptional investment and repositioning opportunity with tremendous upside. Featuring 15 motel suites complete with kitchenettes, 6 serviced RV pads including one detached mobile home, a manager's suite, and flexible C-2 (Highway Commercial) zoning, the property

lends itself well to overnight, short-term, or long-term rentals. The property offers +200 feet of premium Columbia Avenue frontage, direct riverfront access with walking trails and valley views, and immediate adjacency to Tim Hortons, No Frills, Dollarama, and Barburrito, key attributes which collectively combine to support the motel's strong average occupancy of 70.8% for the 18 months ended Dec-2023. The property is centrally located along Castlegar's most dominant commercial node, with nearby hotel brands including Super 8, Sandman, Best Western, and Canada's Best Value. (id:25314)

Facts and Features

Type

Other

year built

No Data

lot size

No Data

Bedrooms

No Data

bathrooms

No Data

Garage

No Data

Status

Active

Property Overview

Property ID
38236
Category
Other
Unit Number
No Data
View
No Data
Lot Size Dimensions
No Data
Lot Features
Central location, Visual exposure, Flat site, Other, Level
Common Interest
Freehold

Building and Architecture

Building Type
No Data
Architecture Style
No Data
Stories
No Data
Roof
No Data
Foundation Details
No Data
Exterior Features
No Data
Construction Materials
No Data

Interior Features

Living Area
7045 sqft
Above Ground Finished Area
No Data
Below Ground Finished Area
No Data
Basement
No Data
Flooring
No Data
Fireplace
No
Fireplaces Total
No Data
Fireplace Features
No Data

Parking

Parking Type
No Data
Parking Spaces
No Data
Additional Parking Type
No Data
Additional Parking Spaces
No Data
Parking Fee
No Data
Parking Fee Frequency
No Data

Amenities

  • Storage - Locker
  • Family Oriented
  • High Traffic Area

Property Features

Heating
Electric
Cooling
No Data
Electric
No Data
Sewer
See remarks
Water Source
Municipal water
Utilities
No Data
Community
Family Oriented, High Traffic Area
Security
No Data

Other Information

Association Name
No Data
Association Fee
No Data
Association Fee Frequency
No Data
Association Fee Includes
No Data
Tax Annual Amount
No Data
Existing Lease Type
No Data
Zoning
Commercial mixed use
Zoning Description
No Data

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Irene Wallace
Tristan Chart 250-777-7493