Don't miss this outstanding owner/operator opportunity in the heart of Trail! The Rex Hotel at 764 Rossland Avenue is a high-potential commercial property offering restaurant, bar, and rental income possibilities. Whether you’re looking to run a popular sports bar, a full-service restaurant, or a profitable hotel, this property is ready for its next chapter. The main floor features a lively sports bar with pool tables, darts, foosball, and shuffleboard, creating an inviting space where patrons can enjoy great food, drinks, and live sports on multiple TVs. The fully equipped commercial kitchen is ideal for an owner-run restaurant or pub, offering a strong foundation for success. The highly desirable liquor license is a golden opportunity allowing service from 9 AM to 3 AM, maximizing revenue potential. Upstairs, the 12 rental rooms, 1 suite, and 3 shared bathrooms generate strong cash flow, with six units currently occupied and room for expansion. Whether you continue operating it as a hotel, transform it into a hostel, or offer long-term rentals, the options are endless. Located in a high-traffic area, this property ensures consistent demand and multiple income streams. This prime investment is close to downtown and packed with opportunity—contact the Listing REALTOR® today for rental details and a private tour! (id:47423)
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Detailed Information
Listing Contract Date
2025-02-08
Municipal ID
007-801-840
Property Type
Other
Transaction Type
For sale
Zoning
Unknown
Building
Constructed Date
1930
Exterior Finish
Stucco
Heating Type
No heat
Type
Other
Land
Total Size
under 1 acre
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