Business for sale
477 Fraser Avenue, Hope
$2,800,000
Features
Year Built
1990
Floor Area
11,000 sqft
Lot Size
24,000 sqft
Gross Property Tax
$18,876.09 /year
Building Type
Live/Work
Zoning
C-2
Subject Property Width
200 ft
Subject Property Depth
120 ft
Major Business Type
Accommodation Travel & Tourism
Minor Business Type
Hotel/Motel
Business Name "doing business as"
Red Roof Inn Motel
Business Operating Since
1997
Confidentiality Agreement Required
Yes
Description
Great opportunity to buy well maintained "RED ROOF INN MOTEL" in Hope. The current owner has been operating successfully for over 28 years. This motel has 3 buildings and large parking area. Total 27 guest rooms and large 3-bedroom suite for owner or manager. 8 units have kitchenettes. The indoor swimming pool area is currently used for storage, but it could be converted into guest rooms or breakfast serving area. Easy and safe access from Hwy 1 and close to Hope downtown. Customers are tourists, fishing/skiing/hiking people and workers. Don't miss Excellent LIVE/WORK BUSINESS with good income!
MLS® Number C8074460