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4876 MCKAY Street - The LIDO MOTEL is located in Radium Hot Springs in the heart of BC's beautiful Columbia Valley! This 10 unit motel includes an office and separate 808 sq.ft owner's suite with 3 bedrooms and 3 bathrooms. As an added bonus the suite in the walk out basement could be rented out separately. The grounds are attractively landscaped with a small owners garden & large green space currently set up with mini-golf, bbq's and picnic tables. The property has gone through many new renovations and upgrades! All 5 buildings have had new roofs installed within the past 6 years and has had upgraded hot water tanks. Brand new carpet has been installed in every rental unit, and all bathrooms have been completely renovated. Every suite has new mattresses, bedding, & flat screen T.V.'s. In 2016, a 5kW photovoltaic (solar panel) system (installed in 2016) and in 2017 a brand new HE Mitsubishi Heat Pump & AC unit were installed in the main residence. Buildings are all located around a central paved area with ample parking. Due to the current owners care and attention, the Lido Motel enjoys a great reputation. Check out the numerous positive reviews available online. The business can be efficiently operated by just two people, making it the perfect opportunity for a couple who want to operate a motel without the headache of additional staff. If you're looking for a viable business opportunity, offering the very best of the Rocky Mountain lifestyle, this is worth a closer look. Virtual Tour

Property Details

  • ID: 2427488
  • Status: Active
  • New Construction: No
  • Estimated Annual Taxes: $3,840
  • Property ID: 101296995
  • Storeys: 1
  • Lot Area: 0.60 Acres
  • Style: Other
  • Parking Type Description: None 0 cars
  • Lot Size: 120.00 x 220.00

Features

Construction Frame - Wood
Equipment Included Window Coverings, Living Accomodation, Laundromat Equipment, Fenced, Cablevision, Appliances, Air Conditioning
Exterior Finish Wood
Flooring Linoleum, Carpet - Wall-to-Wall
Heat Control Separate
Heating Forced Air, Electric Baseboards
Heating Fuel Solar, Propane, Electricity
Levies No Levies
Other Zoning Code - C-1, Water Supply - Municipal, Tax Year - 2016, Storm Drainage - Connected, Spaces Count - 1, Smoke Heat Detectors - Yes, Property Type - Business Opportunity, Parcel Number - 013-160-303, Onsite Pkg Avail Y/N - 1, Num Units - 10, Mandatory Open Hours Y/N - 0, Major Area - Radium, Includes Manufactured Home Y/N - 0, Heat Controls Y/N - 1, Frontage - 220.00, Franchise Y/N - 0, First Nations Land Y/N - 0, Equipment Included Y/N - 1, Elevator - No Elevators, Desc Of Year Built - Approximate, Court Ordered Sale Y/N - 0, Complex - Lido Motel, Classification Comm - With Property Hosp/Resort, Business Type Minor - Motel, Business Type Major - Accomodation, Business Name - Lido Motel
Power Three Phase
Roof Asphalt/Fibreglass Shingles
SEWAGE DISPOSAL Sewer
View Mountain View
Listed By Joe Evanoff of CENTURY 21 Rockies Realty Ltd.