Map location of 505 Terminal Ave N, Nanaimo, BC V9S4K1
$5,200,000
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505 Terminal Ave N, Nanaimo, BC V9S4K1

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PRIME INVESTMENT OPPORTUNITY: Presenting a unique opportunity to acquire the well-established Port-O-Call Inn & Suites, a recently renovated 42-unit motel located in the heart of Nanaimo, British Columbia. This property offers a prime location just minutes from key local attractions, including the Departure Bay Ferry Terminal, Newcastle Island Marine Provincial Park, downtown Nanaimo and Vancouver Island University make this a highly desirable location for tourists and business travelers alike. PROPERTY HIGHLIGHTS: The motel boasts 42 newly renovated guest rooms, including 18 fully-equipped kitchenette suites, a spacious 2-bedroom managers suite, a leased onsite Japanese restaurant for additional income stream, and the property is in excellent condition following recent upgrades. IDEAL BUYERS: Hospitality operators looking to expand or establish a footprint, First-time entrepreneurs or investors seeking a profitable turnkey business, Hotel chains/franchises or real estate developers, Families or partners seeking a lifestyle business opportunity, Niche buyers interested in a well-established motel with strong local demand. This is a rare opportunity to invest in a thriving business in one of British Columbia's most sought-after communities. Don't miss out on owning a piece of Nanaimo's hospitality market! (id:55598)

Listing By: Win Myint - 460 Realty Inc. (NA)
Listing provided courtesy of Canadian Real Estate Association
  • MLS® 981270
  • Date Listed11/25/2024
  • Days on Realty 19 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Subdivision Central Nanaimo

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Gabriola Elementary School

Private • PK - 7

20 km

Distance

Sales & Tax History

Source: Public Records

Walkability in BC / V9S4K1

Source: Walkscore

73/100

Very Walkable

Walk Score ®

48/100

Some Transit

Transit Score ®

71/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

Transit Summary

15 nearby routes: 14 bus, 0 rail, 1 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 34/100, Transit Score: 36/100, Bike Score: 37/100.

Points of interest near 505 Terminal Ave N, Nanaimo, BC V9S4K1

Wara Korea, Nanaimo, BC, Canada

Food • Retail Nightlife

23 m

Distance

75 m

Distance

114 m

Distance

308 m

Distance

312 m

Distance

19 m

Distance

206 m

Distance

327 m

Distance

Wara Korea, Nanaimo, BC, Canada

Food • Retail Nightlife

23 m

Distance

308 m

Distance

312 m

Distance

Wara Korea, Nanaimo, BC, Canada

Food • Retail Nightlife

23 m

Distance

308 m

Distance

259 m

Distance

Frequently Asked Questions for 505 Terminal Ave N

Source: Realty.com

505 Terminal Ave N, Nanaimo, BC V9S4K1 is a Other, Business Opportunity property listed for $5,200,000 The property is 0 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 5 photos of 505 Terminal Ave N.

The full address for this home is 505 Terminal Ave N, Nanaimo, BC V9S4K1.

505 Terminal Ave N has been listed on Realty.com since Mon November 25, 2024

Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 34/100, Transit Score: 36/100, Bike Score: 37/100.

Listing provided courtesy of: 460 Realty Inc. (NA) (tel: (250) 591-4601)
Listing agent: Win Myint (tel: (250) 732-8388)

This content last refreshed on 2024-12-14 04:01:35. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 505 Terminal Ave N, Nanaimo, BC V9S4K1 : MLS® 981270

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