Business for sale
5415 S 50 Avenue, Fort Nelson -Town, Fort Nelson
$1,288,888
Features
Year Built
1960
Floor Area
34,401 sqft
Lot Size
71,961 sqft
Gross Property Tax
$8,714.18 /year
Building Type
Mul Tenant/MultiPlex (5+)
Building / Complex Name
Shannon Motel
Zoning
C1
Amenities
Air Conditioning, Alarm System, Balconies, Handicap Access/Facil, Laundry Facility, Lunchroom, Visitor Parking, Washrooms Female/Male
Major Business Type
Accommodation Travel & Tourism
Minor Business Type
Hotel/Motel
Business Name "doing business as"
Shannon Motel
Business Operating Since
1960
Confidentiality Agreement Required
Yes
Description
This Motel is centrally located near all amenities and conveniences you can think of including: Northern Lights College, Fort Nelson Heritage Museum, Hospital, Airport, restaurants, shopping, recreational centre, all levels of school, parks, and much more. This 59-unit motel (56 units, plus a 3-unit manager suite) comprises four buildings, with over 50% of the rooms featuring kitchenettes. The motel has a history of high value, having sold for over $5 million and $3 million previously. Recent renovations accumulating over $200,000 include: new windows, new electrical systems, new paint, and upgraded plumbing throughout. Additionally, a new roof has been installed on two sections of the motel.
MLS® Number C8070719