ACTIVE
SOLD

429 MURTLE Crescent
Out of Town No City Value V0E 1N1

$4,280,000
Commercial

Main Photo: 429 MURTLE Crescent in No City Value: Out of Town Commercial for sale : MLS®# C8062754
Photo 1: 429 MURTLE Crescent in No City Value: Out of Town Commercial for sale : MLS®# C8062754
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
C8062754
Bus Major:
Accommodation Travel & Tourism
Bus Minor:
Hotel/Motel
Profitable investment with a CAP RATE around 20%. The Ace Western Motel in Clearwater, BC, offers 42 rooms, including 4 kitchenettes and a two-bedroom manager’s suite. Well-located on 1.25 acres along the high-traffic #5 Highway, the motel attracts workers from industries like pipelines, forestry, utilities, and more, as well as tourists from Europe and locally who come to explore the Rockies. Clearwater is the gateway to Wells Gray Provincial Park, renowned for its spectacular waterfalls and outdoor activities like whitewater rafting, hiking, and fishing. The motel is just over an hour from Kamloops, three hours from Jasper, and five hours from the Lower Mainland. This is a rare opportunity. Don’t miss out! For inquiries, please contact the listing agent only. Do not approach the owner or staff.
Major Bus Type:
Accommodation Travel & Tourism
Minor Bus Type:
Hotel/Motel
Year built:
1990 (Age: 34)
Total Floor Area:
16,000 sq. ft.
Lot Area:
1.25 acre(s)
Land Use/Zoning:
C-1
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Listed by Sutton Group - 1st West Realty
Data was last updated October 7, 2024 at 02:10 PM (UTC)
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