101 Oak St - Hospitality FOR SALE


Fauquier, BC V0G 1K0
$1,248,000 CAD
250-878-7417
101 Oak St, Fauquier, BC for Sale
$1,248,000 CAD
Hospitality - FOR SALE
1/31
null | Request Cap Rate

101 Oak St
Fauquier, BC V0G 1K0


HIGHLIGHTS

  • Essentially the motel and living area were totally renovated and upgraded since 2016
  • Beautiful grounds for guests including gazebo and sitting areas, Outdoor firepit and covered seating
  • Roof replaced about 4 years ago,

OVERVIEW

Introducing the Arrow Lake Motel: A Rare Opportunity for Discerning Buyers! After over 30 years in the industry, we can confidently say that the Arrow Lake Motel stands out as one of the finest entry-level motels we've encountered. In impeccable condition and ready for immediate operation, this property is perfect for those seeking a turnkey business with exceptional value. Why Arrow Lake Motel? Since 2016, the current owners have meticulously remodeled, upgraded, and transformed every corner of this property. From the beautifully appointed rooms and living areas to the stunning outdoor amenities, no detail has been overlooked. Highlights include: 65,000 cobblestones enhancing the charm and functionality of the parking lot A new asphalt shingle roof (just 4 years old) ensuring durability and peace of mind Fresh interior and exterior paint creating a welcoming and polished atmosphere New bedding, curtains, and lamps throughout, offering a modern, comfortable stay for guests A Steady and Diverse Customer Base The motel enjoys strong support from a variety of visitors, including travelers, tourists, workers, motorcyclists, snowcat skiers, and more. This diverse clientele ensures a steady flow of business year-round. An Exceptional Investment in an Ideal Location Opportunities like this don't come along often. The Arrow Lake Motel offers a unique chance to acquire a business that’s easy to operate—ideal for a couple or a small team. The location also promises a great quality of life, blending the best of work and leisure in a picturesque area. If you're looking for a business with low overhead, great potential, and minimal staff requirements, the Arrow Lake Motel should be at the top of your list. Don't miss out on this rare gem—contact your agent today for more details and to schedule a viewing!

FOR SALE DETAILS

PRICE

$1,248,000 CAD

PRICE/SF

$146 CAD /SF

# OF ROOMS

11

PRICE/ROOM

$113,455 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arrow Lake Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1968

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

C1

APN/PARCEL ID

008412634

ASK ABOUT THIS PROPERTY

Larry BerisoffRE/MAX KelownaMore Info
250-878-7417

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Larry BerisoffRE/MAX KelownaMore Info
250-878-7417

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.