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318 OLD HOPE PRINCETON Highway in : Out Of District - Sub Area Business w/Bldg & Land for sale (Out Of District) : MLS®# 144099

318 OLD HOPE PRINCETON Highway V0X 1L4 : Out Of District - Sub Area

Main Photo: 318 OLD HOPE PRINCETON Highway in : Out Of District - Sub Area Business w/Bldg & Land for sale (Out Of District)  : MLS®# 144099
$1,399,000
Prop. Type:
Business w/Bldg & Land
MLS® Num:
144099
Status:
Active
Bus Major:
Motel
Opportunity to own a motel business in beautiful Hope. Do your own due diligence and find out what the future Hope going to offer you. Property prices have started to go up for the past three years due to high demand in the area which is still affordable. This motel is located just within walking distance to shopping center, restaurants, gas stations and some fast food chains. It has 22 rooms on huge 0.587 acre of flat and useable land. All rooms need updates but some of the rooms are rented monthly to seniors, generating over $7,600 in revenue, and more revenue to improve. Almost all new windows, most electrical and plumbing have been updated over the years. Current mortgage can possibly be transferred with lender's approval. Please do not approach motel staff directly. Call for appointments.
Listing Area:
Out Of District
Listing Sub-Area:
Out Of District - Sub Area
Title:
Freehold
Property Type:
Business w/Bldg & Land
For Sale:
Yes
For Lease:
No
For Rent:
No
Taxes:
$4,726 / -
Lot Area:
Switch units of measure0.59 acre(s)
Water Supply:
City
Sewer:
Sewer Connected
Available Services:
Highway Access, Shopping Nearby, Corner Site
Original Price:
$1,299,000
Legal Description:
LOTS 7, 8, 9, 10 & 11 PLAN KAP923 DL 7 LD 59 EXCEPT THOSE PORTIONS OF THE HOPE PRINCETON HIGHWAY SHOWN ON SKETCH PLAN SEE FILING 18765B
Zoning:
C-2
Listing information last updated on December 10, 2018 at 02:44 PM (UTC)
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Garth St. Germain PREC
Cell:250.682.4278
Office:250.377.3030
Fax:250.377.3099
Rob Lambden
Cell:250.319.8558
Office:250.377.3030
Fax:250.377.3099