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Home BC Greater Prince George Prince George West Bowl
1391 CENTRAL STREET
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1391 CENTRAL STREET $7,998,000
7 days ago
$7,998,000
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1391 CENTRAL STREET
Prince George, British Columbia V2M3E2

MLS® Number: C8064373

Listing Description

Avison Young proudly presents an exceptional investment opportunity in Prince George, BC: an 80-room motel, fully renovated in 2023 and positioned for long-term growth. Situated on 1.36 acres, this property offers a turnkey operation with a range of attractive amenities, including a 4,000-square-foot leased restaurant and pub space. The motel is in excellent condition, with no immediate capital improvements required, and features a revenue-generating, coin-operated laundry room, vending and ice machines, and secure key-card entry to each room. Suites are fully furnished and equipped with electric baseboard heating, in-suite A/C units, and flat-screen TVs. This property offers investors a strong 5.74% cap rate with additional upside potential, especially through increased bookings and branding under a reputable national franchise. (35696789)

Property Summary

Property Type
Business
Land Size
1.36 ac
Built in
1969
Parking Type
Visitor Parking
Time on REALTOR.ca
7 days

Building

Heating & Cooling
Cooling
Central air conditioning
Business
Business Type
Accommodation (Hotel/motel)
Parking
Parking Type
Visitor Parking
Data provided by: BC Northern Real Estate Board 2609 Queensway, Prince George, British Columbia V2L 1N3
Bijan Lalji