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East Kootenay Motel In Fernie, British Columbia For Sale

Fernie, British Columbia, Canada
Asking Price:
$2,999,999 (CAD)
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
Available on request

Nestled in the picturesque region of Fernie British Columbia, this 40-year-old motel presents an exceptional investment opportunity for those seeking to enter the thriving tourism industry. Boasting a prime location just minutes away from a renowned ski hill and the world-famous Elk River, the property enjoys year-round appeal for visitors seeking outdoor adventures. With 15 well-appointed rooms, including two spacious suites and two indulgent Jacuzzi rooms, guests are treated to comfort and relaxation amidst stunning natural surroundings. The motel not only offers comfortable accommodations but also features a one bedroom live-in suite exclusively for a primary staff member. Additionally, there's a restaurant on the premises with an active lease.

The expandable nature of the property presents an enticing prospect for further development. Strategically located just two and a half hours from Calgary and within close proximity to an international airport, this motel stands as a beacon for both leisure and business travelers alike. Don't miss this opportunity to own a piece of East Kootenay's flourishing tourism landscape.

Property Information

Real Estate:

Real Property Included

Location:

Fernie, BC, Canada

Business Operation

Expansion Potential:

Investing in the renovation of this motel presents a unique opportunity to elevate its status and boost demand. With an upgraded facility, it can effectively compete with the major hotel chains in Fernie and attract more guests.

Reasons for selling:

Retirement

Employees:
2
Years established:
40