$5,250,000

Commercial For Sale In Prince Rupert, British Columbia

$5,250,000

Property Information:

The Port City is bustling & growing! Situated on 1.176 acres, gentle sloping sunny lot, The Ridge Hotel and Suites is ~16,000 sf with recent extensive renos inside & out completed in 2019. 37 rooms, 2 are 3-bdrm full-service suites with laundry. 35 rooms reno’d to include kitchenettes, upgraded bathrooms, and furniture. Wide hallways, & each level has supply closet for easy cleaning, linens & bedding storage. On-site laundry facilities for guests, & industrial sized machines available if not using local laundry cleaning service. Restaurant seating capacity for ~40 persons with renovated kitchen and newer appliances. Rock now replaces the muskeg allowing for plenty of parking for all sized vehicles. 3-phase power and a BC Hydro Transformer on property if more power required. Expansion of accommodation (increased harbour views) potential with city approvals. Ever increasing revenues. Share sale preferred. Turnkey business. Connect with your favourite Realtor® to request more info.

Property Features:

  • Annual Tax Amount: $32,107
  • Business Type: Accommodation
  • Construction Materials: Wood
  • Floor Space (approx): 16000 Square Feet
  • Lot Frontage: 51227 Square Feet
  • Lot Size: 1.18 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Business
  • Zoning: M1

Courtesy of: Pemberton Holmes - Cloverdale

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.