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1302 Highway 3, Fernie
2025-01-13
Quick Summary
- Location
- 1302 Highway 3, Fernie, British Columbia V0B1M5
- Price
- $2,499,000
- Status:
- For Sale
- Property Type:
- Hospitality
- Year of Construction:
- 1986
MLS®#10331398
Property Description
PRIME INVESTMENT OPPORTUNITY! Nestled in the heart of the vibrant mountain town of Fernie, BC, this property offers an exceptional opportunity to own a hospitality business with massive potential. Located on Highway 3 and minutes from Fernie Alpine Resort, world-class fishing on the Elk River, and the most beautiful Fernie Golf and Country Club, this property is ideal to attract outdoor enthusiasts year-round. The property features 15 well-maintained motel units on two levels, three rooms are equipped with kitchenettes while one features a full kitchen, plus a spacious owner’s suite with a front desk/office. Currently operating under East Kootenay Motel, the business provides stable income with significant potential for growth. Guests love the property’s walkable location, close to Fernie’s charming shops, amenities, and restaurants, including the attached restaurant ""Chilango"" proven to be a Fernie-Favorite by locals and tourists alike providing a steady income stream for the motel through the leased space. Whether you’re looking to enhance the existing business or explore new development opportunities, this property is packed with potential. Contact us today for more information or to schedule a private showing. BY APPOINTMENT ONLY. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Golf Nearby, Ski area
Building
- Cooling Type: Wall unit
- Exterior Finish: Stucco
- Fireplace: No
- Building Type: Other
Features
- Feature: Level lot, Corner Site, Pole sign
Land
- Land Size: 0.48 ac|under 1 acre
Ownership
- Type: Freehold
Information entered by RE/MAX Elk Valley Realty
Listing information last updated on: 2025-11-12 20:11:28
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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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