7156 THUNDER BAY STREET

$1,950,000
About This Home

7156 THUNDER BAY STREET

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. (id:65596)

The Details

Property Facts

Lot Size 1.37
Annual Tax $21,489
MLS # 20067
Parcel # 009-643753/009643621
On the Island

Location

Savary Kayeqwan

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