For Sale - Motels
Detailed Information
Address : 2729 Central Ave, Grand Forks BC
Lot Size : 0.89 Acre / 38,768.40 Sqft
BD Size : 21,071 sqft
PID : 005-229-189
Zoning : Commercial
Property Tax : $35,592 (2019)
Yearly Revenue : $1,200,000 in 2019
Owner retire sale after 14 yrs of successful business
Business Environment :
45 Units (2 BR Manager suite)
Restaurant lease at $3,000 / month
(Total about $40,000 rental income incl. p.tax collection)
- Massive upgrades and renovations over the years
Addition of entrance canopy, addition of Breakfast room,
Parking lot/Yard pavement, Gardening, 40 inch flat TVs,
Swimming pool upgrade, Beds replacement, Carpets…
– Additional $40,000 net rental income from the restaurant
(Approx. total net income is $500,000+)
Investment : Enquire Agent
Grand Forks is located at 500 km from Vancouver, in the Boundary Country of the West Kootenay region and just north of US-Canada border with population of 4,000 in the city and 10,000 including the surrounding area.
Major industries in Grand Forks are tourism, logging, agriculture, metal fabrications.