1302 Highway 3, Fernie | $2,499,000

PRIME INVESTMENT OPPORTUNITY! Nestled in the heart of the vibrant mountain town of Fernie, BC, this property offers an exceptional opportunity to own a hospitality business with massive potential. Located on Highway 3 and minutes from Fernie Alpine Resort, world-class fishing on the Elk River, and the most beautiful Fernie Golf and Country Club, this property is ideal to attract outdoor enthusiasts year-round. The property features 15 well-maintained motel units on two levels, three rooms are equipped with kitchenettes while one features a full kitchen, plus a spacious owner???s suite with a front desk/office. Currently operating under East Kootenay Motel, the business provides stable income with significant potential for growth. Guests love the property???s walkable location, close to Fernie???s charming shops, amenities, and restaurants, including the attached restaurant ""Chilango"" proven to be a Fernie-Favorite by locals and tourists alike providing a steady income stream for the motel through the leased space. Whether you???re looking to enhance the existing business or explore new development opportunities, this property is packed with potential. Contact us today for more information or to schedule a private showing. BY APPOINTMENT ONLY.

Description

PRIME INVESTMENT OPPORTUNITY! Nestled in the heart of the vibrant mountain town of Fernie, BC, this property offers an exceptional opportunity to own a hospitality business with massive potential. Located on Highway 3 and minutes from Fernie Alpine Resort, world-class fishing on the Elk River, and the most beautiful Fernie Golf and Country Club, this property is ideal to attract outdoor enthusiasts year-round. The property features 15 well-maintained motel units on two levels, three rooms are equipped with kitchenettes while one features a full kitchen, plus a spacious owner???s suite with a front desk/office. Currently operating under East Kootenay Motel, the business provides stable income with significant potential for growth. Guests love the property???s walkable location, close to Fernie???s charming shops, amenities, and restaurants, including the attached restaurant ""Chilango"" proven to be a Fernie-Favorite by locals and tourists alike providing a steady income stream for the motel through the leased space. Whether you???re looking to enhance the existing business or explore new development opportunities, this property is packed with potential. Contact us today for more information or to schedule a private showing. BY APPOINTMENT ONLY.

General Info


MLS Listing ID: 10331398 Bedrooms: 0 Bathrooms: 0 Year Built: 1986
Parking: Oversize Heating: Baseboard heaters Lotsize: 0.48 ac|under 1 acre Air Conditioning : Wall unit

Amenities/Features


  • Level lot
  • Corner Site
  • Pole sign

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .