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540 ESPLANADE AVE - Great OCEAN VIEW Motel ,situated in the core of downtown Lady smith, BC.& along with high exposure Trans Canada Hwy, This 14 units(total 18 rent able rooms)motel boasts ocean views of Lady smith Harbour. Well maintained property with a 2 bedroom owners suite which is perfect for an owner/manager to live in the managers suite and rent out the remaining rooms, 3 kitchenettes, 7 doubles, 2 additional suites, 2 singles. ,and a potential future expansion & investment on the 17108 sq ft large Lot. There are additional space for more parking and units.This is easy manage cash flow business opportunity has been built up for years.Walking distance to waterfront Transfer Beach Park & Trails,Close to shopping & restaurants & all downtown facilities,8 minutes to Airport ,15 minutes to Duke Point Ferry. With fantastic exposure, a busy location, lots of parking & easy access,makes this a Great investment opportunity. This is a share sale.

Property Details

  • ID: 414841
  • Storeys: 0
  • Style: Restaurant/Food/Hospitality
  • New Construction: No
  • Status: Active
  • Lot Size: 120x143

Features

Business Type Accommodation
Major Type Business
Property Type Business w/Bldg & Land
Title Freehold
Listed By Royal LePage Nanaimo Realty (NanIsHwyN)