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7156 THUNDER BAY STREET, Powell River | $1,950,000

Marland Motel offers a rare investment opportunity in Powell River, BC. This established 19-unit motel and cottage complex is situated on 0.913 acres at the south entrance to town, providing excellent visibility, easy access, and ample on-site parking. The property features 5 standalone cottages, a 4-unit building, a 10-unit two-storey building, and a spacious 3-4 bedroom owner/operator suite. Included are two separate lots: the motel property and an additional vacant residential lot boasting excellent ocean views, offering future development potential. Under the same ownership for approximately 20 years, the business has been conservatively operated and well maintained. With its strong location, diverse accommodation mix, additional land holdings, and significant upside potential in both operations and redevelopment, Marland Motel presents an exceptional opportunity for investors and owner-operators alike.

Description

Marland Motel offers a rare investment opportunity in Powell River, BC. This established 19-unit motel and cottage complex is situated on 0.913 acres at the south entrance to town, providing excellent visibility, easy access, and ample on-site parking. The property features 5 standalone cottages, a 4-unit building, a 10-unit two-storey building, and a spacious 3-4 bedroom owner/operator suite. Included are two separate lots: the motel property and an additional vacant residential lot boasting excellent ocean views, offering future development potential. Under the same ownership for approximately 20 years, the business has been conservatively operated and well maintained. With its strong location, diverse accommodation mix, additional land holdings, and significant upside potential in both operations and redevelopment, Marland Motel presents an exceptional opportunity for investors and owner-operators alike.

General Info


MLS Listing ID: 20067 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Parking: N/A Heating: N/A Lotsize: 1.37 ac Air Conditioning : N/A

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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 .