205 Terminal Ave, NANAIMO

$3,225,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Newly renovated 24 room Castaway Motel in the heart of Nanaimo on busy street. Full occupancy almost everyday! Just 2 blocks to the waterfront and close to downtown, ferry, shopping and restaurants. New roof, patios, windows, furniture, carpet and much more. There are 11 kitchenettes and 2 bedroom manager's suite. Staff in place. Currently all occupied by out of town workers paying monthly rates, easy to operate and turn key. Low overhead. An aggressive operator can turn it into a cash cow. Absentee owner motivated to sell, easy to show. Asking $3,225,000.

Essential Information
MLS® #452860
Price$3,225,000
TypeCommercial
Sub-TypeBusiness w/Bldg & Land
StyleAccommodation
StatusActive
Community Information
Address205 Terminal Ave
AreaZ4 Old City
CityNANAIMO
ProvinceBC
Postal CodeV9S 4J4
Listing Details
Office460 Realty Inc.
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