$1,400,000 FOR SALE

Commercial/Retail

1485 Columbia Avenue
South Castlegar, BC V1N 1H8

Download the brochure at the link below for more info. Offered is a share or asset sale of the Twin Rivers Motel, in Castlegar, BC - an exceptional investment and repositioning opportunity with tremendous upside. Featuring 15 motel suites complete with kitchenettes, 6 serviced RV pads including one detached mobile home, a manager's suite, and flexible C-2 (Highway Commercial) zoning, the property lends itself well to overnight, short-term, or long-term rentals. The property offers +200 feet of premium Columbia Avenue frontage, direct riverfront access with walking trails and valley views, and immediate adjacency to Tim Hortons, No Frills, Dollarama, and Barburrito, key attributes which collectively combine to support the motel's strong average occupancy of 70.8% for the 18 months ended Dec-2023. The property is centrally located along Castlegar's most dominant commercial node, with nearby hotel brands including Super 8, Sandman, Best Western, and Canada's Best Value. (id:47423)

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Listed By Royal LePage Kelowna
Data Provided By Kootenay Association of REALTORS®
MLS® Listing Number 2476771
Last Updated May 08, 2024
Property Summary
Property Type Commercial/Retail

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Community South Castlegar
Price History
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Detailed Information
Amenities Nearby Shopping, Park, Airport, Public Transit, Recreation Nearby, Highway, Schools, Stores
Community Features High Traffic Area, Family Oriented
Features Central location, Visual exposure, Flat site, Other, Level
Listing Contract Date 2024-05-08
Municipal ID 016-927-354
Ownership Type Freehold
Property Type Other
Transaction Type For sale
Zoning Commercial mixed use
Building
Amenities Storage - Locker
Heating Fuel Electric
Utility Water Municipal water
Land
Total Size 1 - 5 acres
Access Type Easy access, Highway access
Acreage Yes
Amenities Shopping, Park, Airport, Public Transit, Recreation Nearby, Highway, Schools, Stores
Sewer See remarks
External Links

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