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$1,788,888
Est. payment /mo
10,019 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Crofton
MLS® Listing ID 1007116
Year Built 1981
Lot Size 10,019 Sqft
Acres 10019.0
Property Sub-Type Freehold
Source Vancouver Island Real Estate Board
Property Description
Discover an exceptional investment opportunity with Croft Inn Motel, the only motel in the charming town of Crofton, BC. Ideally situated just steps from the BC Ferry Terminal, this well-established15-room motel offers steady income potential with its prime location, ocean views, and upgraded facilities. This two-story motel is a solid frame and concrete block structure with a tar and gravel roof and individually metered units. Guests enjoy a beautiful cedar deck for summer BBQs and gatherings, while the owner's suite features a private rooftop gazebo with breathtaking panoramic ocean views. Additionally, the property has full kitchens in 12 one-bedroom units and two studio suites, an office, and a laundry room. With proximity to Salt Spring Island Ferry, this motel is a hotspot for tourists, travelers, and fishing enthusiasts, providing opportunities to generate extra revenue through fishing tours. The well-maintained building, excellent location, and business potential make this a rare investment with an exceptional lifestyle appeal. Act quickly to secure this thriving hospitality business (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Heating Hot Water,
Cooling None
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 20
Private Pool No
Others
Ownership Freehold
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Listed by Nationwide Realty Corp.