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1485 COLUMBIA AVENUE, South Castlegar
2024-05-08
Quick Summary
MLS®#2476771
Property 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:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Shopping, Park, Airport, Public Transit, Recreation Nearby, Highway, Schools, Stores
Building
- Amenities: Storage - Locker
- Fireplace: No
- Interior Size: 7045 sqft
- Utility Water: Municipal water
Features
- Feature: Central location, Visual exposure, Flat site, Other, Level
Land
- Land Size: 1 - 5 acres
- Sewer: See remarks
Ownership
- Type: Freehold
Information entered by Royal LePage Kelowna
Listing information last updated on: 2024-05-08 22:53:59
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
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