Business for sale

506 Enterprise Avenue, Kitimat Rural, Kitimat

$1,500,000 or
$1,500,000 or

Business for sale

506 Enterprise Avenue, Kitimat Rural, Kitimat

Features

Lifestyle
224965827 1500000 /en/business~for-sale~kitimat-rural-kitimat/224965827?view=Summary /en/business~for-sale~kitimat-rural-kitimat/224965827/photos 54.0600200000 -128.6875800000 true
Year Built
1955
Floor Area
16,553 sqft
Lot Size
16,901 sqft
Gross Property Tax
$12,208.05 /year
Building Type
Mixed Use
Zoning
M2-A
Amenities
Storefront
Major Business Type
Accommodation Travel & Tourism
Minor Business Type
Hotel/Motel
Business Name "doing business as"
Hotel Kitimat Ltd.
Confidentiality Agreement Required
Yes

Description

Amazing Opportunity! This 39-room hotel with an on-site bar in Kitimat presents incredible redevelopment potential. Currently vacant and non-operational, this property is a blank canvas ready for your vision. Kitimat is experiencing a significant economic boom, largely driven by the LNG Canada project, one of the largest private sector investments in Canadian history. This influx of industry is transforming the region into a thriving hub, creating numerous business opportunities and a growing demand for accommodation and services.
MLS® Number C8060758

Listing REALTOR®

Christopher Kiska, REALTOR<sup>®</sup>

Christopher Kiska

REALTOR®

RE/MAX Masters Realty

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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