1390 Columbia St - Hospitality FOR SALE


Kamloops, BC V2C 2W8
$6,800,000 CAD
778-653-8554
1390 Columbia St, Kamloops, BC for Sale
$6,800,000 CAD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

1390 Columbia St
Kamloops, BC V2C 2W8


HIGHLIGHTS

  • Strong and growing local market
  • Year-round tourism anchor (Mountain & Outdoor)
  • Kamloop is well connected by the Trans-Canada corridor and is within short drive of Kamloops Airport

OVERVIEW

PRIME FRANCHISE MOTEL INVESTMENT – KAMLOOPS, BC An outstanding opportunity to acquire a well-established Canadas Best Value Inn & Suites, offering 51 renovated guest rooms and suites in a highly accessible location. Positioned near the junction of Highway 1 and Highway 5, the property benefits from excellent visibility and convenient access to shopping, restaurants, transportation, and Kamloops' key amenities. The motel sits on approximately 1 acre of land and includes approximately 4,000 sq. ft. of additional buildable area, presenting potential for future expansion or redevelopment, subject to municipal approvals. Property details : Rooms : 51 Land size : 46,740 sq.ft. (1.07 acres) Rooms : Updated within the last 4 years Building exterior : painted in 2021 Restaurant roof : replace in 2024 This turnkey investment presents an exceptional opportunity to acquire a well-established hospitality business with significant upside potential. The renovations to the guest rooms temporarily impacted the property's operating results over the past few years; however, these capital improvements have enhanced the quality of the accommodations and positioned the hotel for stronger future performance. The on-site restaurant, previously operated by a tenant, is now owner-operated, creating additional revenue opportunities and greater operational flexibility. Financial information is available to qualified purchasers upon execution of a Non-Disclosure Agreement (NDA).

FOR SALE DETAILS

PRICE

$6,800,000 CAD

PRICE/SF

$251 CAD /SF

# OF ROOMS

51

PRICE/ROOM

$133,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Canadas Best Value Inn & Suites Kamloops

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1980

PARKING SPACES

51

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

C-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kerry LauMetro Edge Realty IncMore Info
778-653-8554

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Kerry LauMetro Edge Realty IncMore Info
778-653-8554

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