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505 Terminal Ave NORTH, Nanaimo, BC, V9S 4K1

MLS® # 981270
new listing
Commercial For Sale In Townsite, Nanaimo, British Columbia
$5,200,000
505 Terminal Ave North, Nanaimo, BC
505 Terminal Ave North, Nanaimo, BC
505 Terminal Ave North, Nanaimo, BC
505 Terminal Ave North, Nanaimo, BC
505 Terminal Ave North, Nanaimo, BC
505 Terminal Ave North, Nanaimo, BC
505 Terminal Ave North, Nanaimo, BC
505 Terminal Ave North, Nanaimo, BC
505 Terminal Ave North, Nanaimo, BC
505 Terminal Ave North, Nanaimo, BC
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ACTIVE
505 Terminal Ave NORTH, Nanaimo, BC, V9S 4K1
$5,200,000

Property Information:

Opportunity to own a well-established motel in the heart of Nanaimo, British Columbia, The Port-O-Call Inn & Suites, located just minutes from key local attractions. This recently renovated 42 unit motel includes manager suite, inclusive to the 42 units are 18 kitchenette suites, property is ideally situated near the Departure Bay Ferry Terminal and Newcastle Island Marine Provincial Park, with easy access to downtown Nanaimo, Bastion, and other popular sites including the Nanaimo Museum, Casino Nanaimo, and Vancouver Island University. Motel in excellent condition with recent upgrade, financial statements available upon request and signed NDA.Property Features: Conveniently located, 42 newly renovated guestrooms with 2 bedroom manager suite, leased onsite Japanese restaurant.Ideal Buyer: Hospitality Operators, First-Time Entrepreneurs, Investors, Hotel Chains/Franchises, Real Estate Developers, Families or Partners Looking for a Lifestyle Business, Specialty Niche Buyers.

Property Features:

  • Annual Tax Amount: $50,345
  • Building Features: Shopping Nearby, Transit Nearby
  • Business Type: Accommodation
  • Exterior Features: Balcony/Deck
  • Lot Frontage: 36225 Square Feet
  • Lot Size: 0.83 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Business
  • Utilities: Cable Connected
  • Zoning: C11
  • No. of Parking Spaces: 0

Courtesy of: 460 Realty Inc. (NA)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Location of 505 Terminal Ave NORTH, Nanaimo, BC, V9S 4K1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

19 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

19 hot days expected in 2050

25/100

Moderate-Low

ClimateCheck®

Current data

This property, 505 Terminal Ave NORTH, experiences 7 hot days per year at around 28.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 19 hot days at 31.4 degrees Celsius.

Projected Avg. Temperature

Past
28.6℃
2050
31.4℃

# Hot Days Per Year

Past
7
2050
19

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

93/100

High

ClimateCheck®

Current data

This property, 505 Terminal Ave NORTH, experiences 12 significant 2-day storms per year, with about 569.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 660mm of precipitation per year.

Precipitation Per Storm

Past
569.5mm
2050
660mm

48-Hour Storms Per Year

Past
12
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 505 Terminal Ave NORTH, Nanaimo, BC, V9S 4K1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,321.53

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.81 %

High school certificate or equivalent

30.91 %

Apprenticeship trade certificate/diploma

10.11 %

College/non-university certificate

21.43 %

University certificate (below bachelor)

2.97 %

University Degree

21.78 %

Commuter

Travel To Work

By Car

78.87 %

By Public Transit

6.03 %

By Walking

8.2 %

By Bicycle

0.37 %

By Other Methods

6.53 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

55.9 %

Houses

44.1 %

Own Vs. Rent

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