$4,280,000
429 MURTLE CRESCENT No City Value, BC V0E 1N1
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$4,280,000
Est. payment /mo
16,000 SqFt
Active
429 MURTLE CRESCENT No City Value, BC V0E 1N1
UPDATED:
09/06/2024 11:04 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 16,000 sqft
Price per Sqft $267
Subdivision Out Of Town
MLS Listing ID C8062754
Year Built 1990
Annual Tax Amount $30,623
Tax Year 2024
Property Description
Profitable investment with a CAP RATE around 20%. The Ace Western Motel in Clearwater, BC, offers 42 rooms, including 4 kitchenettes and a two-bedroom manager’s suite. Well-located on 1.25 acres along the high-traffic #5 Highway, the motel attracts workers from industries like pipelines, forestry, utilities, and more, as well as tourists from Europe and locally who come to explore the Rockies. Clearwater is the gateway to Wells Gray Provincial Park, renowned for its spectacular waterfalls and outdoor activities like whitewater rafting, hiking, and fishing. The motel is just over an hour from Kamloops, three hours from Jasper, and five hours from the Lower Mainland. This is a rare opportunity. Don’t miss out! For inquiries, please contact the listing agent only. Do not approach the owner or staff.
Location
Province BC
Community Out Of Town
Area Out Of Town
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Building
Dwelling Type Business with Property
Structure Type Other
Listed by Sutton Group - 1st West Realty
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