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Motor Inn $2,350,000

Lot Size/Acres
1.8 Acres
Liquor Store
Yes - Leased - Can be purchased for $895,000
Year Built
1973
Water Service
Municipal
Land and Building Included
Yes

Being offered is a high cash flow full service hotel property located in the unique and beautiful community of Elkford.

The Motor Inn is one of two businesses that offers accommodation, one of two pub / bars and one of few restaurants in a community of about 3,000 people. It is the place to stay for those seeking a full service facility!

The restaurant & the pub are leased (the pub could be included in the sale). The business consists of lease income, and operating the rooms, and the liquor store.

The property is located beside the areas only shopping plaza and is walking distance to the community, pool, and recreation centre.

The land base is large enough to accommodate future expansion. 

The area is famous for wildlife, magnificent mountains and of course coal mining. The area’s coal mines are the backbone of local economy and provide some of the highest paying jobs in British Columbia for locals and often for contractors that frequent the area for maintenance, expansions and construction.  It is these crews that are the fuel for the motor inn, especially the room business. 

If you are considering a solid cash flow business with steady lease income, in a low competition setting, you may want to have this property on your list! 

Motor Inn
Elkford, B.C.
Sale Type: Reduced
Agents

812 Michel Rd
Elkford, BC
Canada
Area Website: http://www.elkford.ca/
Sale Type: For Sale
Larry Berisoff
RE/MAX Kelowna

P: 250-862-8100
Contact Agent
Total Units
22
Lot Size/Acres
1.8 Acres
Liquor Store
Yes - Leased - Can be purchased for $895,000
Water Service
Municipal
Wastewater Service
Municipal
Asset Sale
Yes
Taxes
$7,821
Year Built
1973
Zoning
C-1
Inventory Included
No
Land and Building Included
Yes
812 Michel Rd
Elkford, BC
Canada
Area Website: http://www.elkford.ca/
Sale Type: For Sale
Larry Berisoff
RE/MAX Kelowna

P: 250-862-8100
Contact Agent

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812 Michel Rd
Elkford, BC
Canada
Area Website: http://www.elkford.ca/
Sale Type: For Sale
Larry Berisoff
RE/MAX Kelowna

P: 250-862-8100
Contact Agent
Name Location Type Distance

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 RE/MAX Kelowna

  • 100-1553 Harvey Avenue
  • Kelowna, BC
  • V1Y 6G1

Larry (Direct) 250.862.8100

Fax 250.862.8100

email@syberrealty.com