Rocket Web Labs Inc. Wix MLS IDX Real Estate

950 Terminal Ave

MLS® 866184

Property Description

Excellent opportunity to own this family owned & operated 9-unit Motel plus 2-bed owners suite in Nanaimo on Vancouver Island of BC. This package is being offered as a 100% share sale plus building & land. Great small business investment with good cashflow & potential for increased income growth. Excellent highway exposure, located in central Nanaimo with easy access to downtown Nanaimo, the ferry & seaplane terminals. Just a short walk to restaurants, groceries, banks, liquor & other shopping amenities. There is a variety of rooms for guests over 2 levels incl 5 deluxe rooms with 2 beds, 3 king size kitchenette studios all which have sliding glass doors to a deck and rear yard, 1 family suite which incl separate bedroom w/balcony, bed, couch & kitchen, & all rooms offer a 4 piece bath. In addition, on site is a 2-bed manager's suite with outdoor patio area, storage room & laundry room. Recent updates include LED TV's in all rooms & lighting in deluxe rooms.

Full Address

950 Terminal Ave N, Nanaimo BC V9S 4K4

MLS® Number

866184

Listing Price

$1,098,000

Property Type

Business

Year Built

Living Area

0 SqFt

Bedrooms

Total Bathrooms

Tax Year

2020

Annual Tax Amount

$7,106

Interior Features

Lot Features

Marina Nearby, Shopping Nearby

Exterior Features

Balcony/Deck, Fencing: Partial, Sign: Pylon

Total Fireplaces

Water Source

Municipal

Gas

Heating

Baseboard, Electric

Cooling

Air Conditioning

Sewer

Sewer Connected

Style of Home

Layout

Basement

Subdivision

Elementary School

Middle School

High School

Directions

Property Location

Listing by RE/MAX Of Nanaimo

Listing information last updated: Mon May 17 2021 16:15:07 GMT+0000 (Coordinated Universal Time)

Rocket Web Labs Inc. Wix MLS IDX Real Estate

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Jenny Bruce Personal Real Estate Corporation

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Rocket Web Labs Inc. Wix MLS IDX Real Estate

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