The old Frankfurt Motel in Prince George presents a compelling investment opportunity due to its prime location, significant redevelopment potential, and the growing market demand in the area. Situated close to major highways and local amenities, this property offers excellent visibility and accessibility, making it ideal for various uses such as residential apartments, commercial spaces, or a mixed-use development. With community and government interest in urban revitalization, investors could benefit from potential incentives while transforming this historically significant site into a modern, high-yield asset. This investment promises not only substantial returns but also the chance to contribute to the dynamic growth of Prince George.
- Asking Price:
- $1,588,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- Available on request
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Real Property Included
- Location:
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The old Frankfurt Motel is strategically located in Prince George, a thriving hub in northern British Columbia known for its economic growth and community development. Situated on a prominent street with high traffic flow, the motel benefits from excellent visibility and easy access, being near major highways such as Highway 97 and Highway 16. This prime location places it in close proximity to essential amenities, including shopping centers, restaurants, schools, and healthcare facilities, making it an attractive spot for both transient guests and long-term residents. The surrounding area is poised for development, with ongoing investments in infrastructure and urban revitalization projects, further enhancing the value and appeal of the property.
- Premises Details:
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The old Frankfurt Motel comprises a spacious property featuring multiple structures that reflect its original mid-20th-century design
Business Operation
- Employees:
- 2
- Years established:
- 1952
Other Information
- Support & training:
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Training will be available for two weeks
