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 ""Chilangos"" 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. (id:4069)
Address
1302 Highway 3
List Price
$2,499,000
Property Type
Hospitality
Type of Dwelling
Other
Area
British Columbia
Sub-Area
Fernie
Lot Size
0.48 Sq. Ft.
Year Built
1986
MLS® Number
10331398
Listing Brokerage
RE/MAX Elk Valley Realty
Postal Code
V0B1M5
Site Influences
Golf Nearby, Ski area
Features
Level lot, Corner Site, Pole sign
With 15 years of real estate experience, Chris Crump, PREC, is a consistent high performer known for unwavering ethics and exceeding expectations. As a trusted advisor, Chris delivers unparalleled customer service. Chris enjoys skiing, biking, and fishing, reflecting a well-rounded lifestyle resonating with clients. With a commitment to guiding clients toward their real estate goals, Chris stands as a beacon of reliability, setting the standard for exceptional service.