Business for sale

5510 W 16 Highway, Terrace - City, Terrace

$2,150,000 or
$2,150,000 or

Business for sale

5510 W 16 Highway, Terrace - City, Terrace

Features

Lifestyle
224964235 2150000 /en/business~for-sale~terrace-city-terrace/224964235?view=Summary /en/business~for-sale~terrace-city-terrace/224964235/photos 54.5189000000 -128.6458300000 true
Year Built
1955
Floor Area
8,000 sqft
Lot Size
59,242 sqft
Gross Property Tax
$19,853.58 /year
Building Type
Freestanding, Low Rise (2-4 storeys)
Building / Complex Name
Rainbow Inn
Zoning
C3
Major Business Type
Accommodation Travel & Tourism
Minor Business Type
Hotel/Motel

Description

Well-established, 22-unit Motel & RV Park available. A good portion of the motel was built in 1997 to complement the original small scale motel. There are kitchenettes in each room, separate shower and laundry facilities which go nicely with the 10 RV spots (fully serviced: water/power/sewer) available. With frontage on the very busy Highway 16 West, there is easy access to both Prince Rupert and Kitimat, as well as minutes away from fishing, skiing, hiking and more. The large updated detached managers home was built in 2011. It's a spacious 2 story house that has 3 bedrooms and 2 bathrooms. This opportunity is the full package.
MLS® Number C8059166

Listing REALTOR®

Wendy Hadley, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Wendy Hadley

REALTOR®, Personal Real Estate Corporation

RE/MAX Coast Mountains

RE/MAX Coast Mountains,

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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