Your life-time opportunity to own this consistently profitable 18 room motel located at the junction of highway 97 and the Trans Canada Highway in beautiful Cache Creek. Only about 3 hour drive from Lower Mainland. Almost 1 acre of land and approximately 210 ft of frontage on Highway 97 Cl zoning allows for many options for redevelopment. Comes with a 2 bed, 1 bath owners living quarters. Has consistent occupancy year round from a variety of long term clients. 7 units have 1 bed, 7 have a kitchenette and queen bed, 2 units have a king bed, and 2 units have a queen bed. All measurements and details to be independently verified by the buyer.
Listing Area:
South West
Listing Sub-Area:
Cache Creek
Title:
Freehold
Property Type:
Business w/Bldg & Land
For Sale:
Yes
For Lease:
No
For Rent:
No
Taxes:
$9,629 /
-
Lot Area:
0.95 acre(s)0.38 hectare(s)
Available Services:
Highway Access, Level, Views
Amenities:
Air conditioning fully
Legal Description:
Lot 1 & Lot 2, Plan KAP8348, District Lot 102, Group 2, Kamloops Div of Yale Land District
Data was last updated August 11, 2022 at 02:40 PM (UTC)
Area Statistics
Listings on market:
6
Avg list price:
$617,500
Min list price:
$299,900
Max list price:
$8,499,000
Avg days on market:
245
Min days on market:
42
Max days on market:
1,452
These statistics are generated based on the current listing's property type
and located in
South West. Average values are
derived using median calculations.