856 Front St - Hospitality FOR SALE


Quesnel, BC V2J 5X9
$1,580,000 CAD
604-684-8844
856 Front St, Quesnel, BC for Sale
$1,580,000 CAD
Hospitality - FOR SALE
1/18
null | Request Cap Rate

856 Front St
Quesnel, BC V2J 5X9


HIGHLIGHTS

  • 25 room motel, 96% occupancy
  • Highway frontage, 0.65 Acres
  • Assumable mortgage OAC.

OVERVIEW

The RiverFront Inn is a 25 room inn located at the northern end of the city. With 370’ of frontage and direct Highway 97 exposure, the hotel enjoys strong occupancy and income year round. Rooms have been recently updated, attracting new patrons and room rates. The large site and ample parking could see additional hospitality expansion or commercial service enhancement. Assumable mortgage OAC. From the appraisal sketch, there are 25 (20+5) units + an office. The office area includes 3 bedrooms, office, kitchen, bathroom and living room. The office building has the following units: 20, 42, 43, 44, 45. The Motel building has 20 units.

FOR SALE DETAILS

PRICE

$1,580,000 CAD

PRICE/SF

$56 CAD /SF

# OF ROOMS

25

PRICE/ROOM

$63,200 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quesnel RiverFront Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1995

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,971 SF

ZONING

C-4

APN/PARCEL ID

028-272-013

ASK ABOUT THIS PROPERTY

Eugen KleinRoyal LePage Westside Klein GroupMore Info
604-684-8844

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Eugen KleinRoyal LePage Westside Klein GroupMore Info
604-684-8844

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