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This family-owned and well-maintained motel is an excellent small business investment opportunity with stable cashflow and excellent potential for continued revenue and commercial property value growth.
The Motel is in an ideal location, minutes by car from downtown Nanaimo and the Departure Bay ferry terminal. Business is active year-round with a very busy travelling season.
The motel contains a total of nine guest rooms: Five standard rooms with two double beds, three kitchenette rooms with king beds, and one family suite with two rooms and a kitchen. In addition, there is a large manager suite with a living room, bath room, kitchen, and two bedrooms.
· Excellent location between Trans-Canada highway and 19A (island highway) and beside the busiest trans-island highway 19A with highly visible signage and sign.
· Walking distance (300 meters) to water (marina), gas station, laundry-mart, restaurants, fast foods, coffee shop, convenient store, and a shopping mall. The property is also within walking distance to Nanaimo downtown (1.5km), and BC Ferry Departure Bay terminal (1.3 km).
· Tow story building includes 5 deluxe rooms, 3 king-size kitchenette studio, 1 family suite, 1 manager's suite, 1 storage room, 1 laundry room, 1 boiler room, 1 tool room and big craw.
· Parking lot with capacities of 14 cars
· All rooms have newly updated LED TV
· 8-camera security monitoring system covers all corners of the property including the building inside/outside, parking lot and two backyards.
· Financial statements, tax returns and other details to be provided to serious buyers.
If interested, please contact the seller through the form on this page.
Real Property Included
Near city downtown and Departure Bay ferry terminal
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