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- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 981270
- Photos (5)
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PRIME INVESTMENT OPPORTUNITY: Presenting a unique opportunity to acquire the well-established Port-O-Call Inn & Suites, a recently renovated 42-unit motel located in the heart of Nanaimo, British Columbia. This property offers a prime location just minutes from key local attractions, including the Departure Bay Ferry Terminal, Newcastle Island Marine Provincial Park, downtown Nanaimo and Vancouver Island University make this a highly desirable location for tourists and business travelers alike.
PROPERTY HIGHLIGHTS: The motel boasts 42 newly renovated guest rooms, including 18 fully-equipped kitchenette suites, a spacious 2-bedroom manager’s suite, a leased onsite Japanese restaurant for additional income stream, and the property is in excellent condition following recent upgrades.
This is a rare opportunity to invest in a thriving business in one of British Columbia's most sought-after communities. Don't miss out on owning a piece of Nanaimo's hospitality market!
- Property Type:
- Commercial Sale
- Type:
- Business
- Commercial Type:
- Building, Business, Land
- Lease Type:
- Sale of Assets, Sale Of Shares
- Listing General Location:
- Na Central Nanaimo, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.832 acre(s)0.34 hectare(s)
- Lot Details:
- 161 x 225
- Taxes:
- $50,345 / 2024
- Building Features:
- Shopping Nearby, Transit Nearby
- Commercial Area:
- Other
- Fireplace:
- No
- Balcony/Deck
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 3985000.0
- Assessment year:
- 2024
- Jurisdiction name:
- City of Nanaimo
- Legal Description:
- LT 1 & 2 PL 4748 LD 32 SEC 1 SHARE SALE
- Zoning:
- COR2
- Utilities:
- Cable Connected
- Parking Features:
- On Site
- Total Parking Spaces:
- 0
- Business Name:
- PORT O CALL MOTEL
- Business Type:
- Accommodation
- Total Units:
- 42
- Date Listed:
- Nov 25, 2024
- Original Price:
- 5200000.0
Larger map options:
Listed by 460 Realty Inc. (NA)
Data was last updated December 17, 2024 at 08:05 AM (UTC)
Area Statistics
- Listings on market:
- 14
- Avg list price:
- $874,900
- Min list price:
- $46,900
- Max list price:
- $6,995,000
- Avg days on market:
- 81
- Min days on market:
- 6
- Max days on market:
- 230
These statistics are generated based on the current listing's property type
and located in
Na Central Nanaimo. Average values are
derived using median calculations.
- WIN MYINT
- 460 REALTY
- 1 (250) 732-8388
- Contact by Email
- SANDY LIU
- 460 REALTY
- 1 (250) 732-8878
- Contact by Email
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.