272 Wallace St - Hospitality FOR SALE


Hope, BC V0X 1L0
$1,550,000 CAD
778-316-5475

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$1,550,000 CAD
Hospitality - FOR SALE
null | Request Cap Rate

272 Wallace St
Hope, BC V0X 1L0


HIGHLIGHTS

  • Landmark downtown property with established community presence.
  • CBD Downtown Commercial zoning supports multiple future uses.

OVERVIEW

Rare opportunity to own a landmark property in the city center of Hope. The Hope Motor Motel has is a 3 level building with restaurant & bar set up, and it's ready for your new idea. The adjacent liquor store business with property is potentially available for purchase together. The property is zoned for CBD-Downtown Commercial with flexible zoning use. Future Potential for Retail on main, Motel or residential units on top. Hope is experiencing high growth, seize this strategic location now for your future business endeavors.

FOR SALE DETAILS

PRICE

$1,550,000 CAD

PRICE/SF

$44 CAD /SF

# OF ROOMS

25

PRICE/ROOM

$62,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hope Motor Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

CBD

APN/PARCEL ID

010-532-072

ASK ABOUT THIS PROPERTY

Morgen YuanRE/MaxMore Info
778-316-5475

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Morgen YuanRE/MaxMore Info
778-316-5475

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