Business for sale
5510 W 16 Highway, Terrace - City, Terrace
$2,100,000
Features
Year Built
1955
Floor Area
8,000 sqft
Lot Size
59,242 sqft
Gross Property Tax
$21,316.26 /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
This well-established, 22-unit motel has a lot to offer. A good portion of the motel was built in 1997 to complement the existing smaller scale motel. There are kitchenettes in each room, separate shower and laundry facilities that 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 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. A great business opportunity that is not to be passed by!
MLS® Number C8066621