Prince George, BC V2L3Y5,867 17TH AVENUE
Prince George, BC V2L3Y5,867 17TH AVENUE
Prince George, BC V2L3Y5,867 17TH AVENUE
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$1,350,000
Est. payment /mo
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62,400 SqFt
New

867 17TH AVENUE Prince George, BC V2L3Y5

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 62,400 sqft

Price per Sqft $21

MLS® Listing ID C8073638

Year Built 1954

Lot Size 0.430 Acres

Acres 0.43

Source BC Northern Real Estate Board

Property Description

Wow, this cash cow turn key motel currently has a 10% ROI as operated with excellent potential to increase revenues. Owner occupied and managed since 1972, it is absolutely immaculate, and centrally located close to Prince George's downtown core and Lheidli T'enneh Memorial events park. The Prince George Motor court has 14 stand-alone cabins/units and a caretake/manager suite generating approximately $17,000 revenues per month with about only $4600 per month in costs. Excellent potential to increase revenues as room rates have not been changed in many years or could be converted to a long term rental property with similar numbers. Ask for proforma to view various business scenarios and choose your path to prosperity. Share sale only. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No


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Mica Sadler

Mica Sadler

CEO | REALTOR®

+1(519) 589-3521

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867 17TH AVENUE