See all 16 photos
16 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$5,250,000
Est. payment /mo
1.18 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 963507
Rental Info Unrestricted
Annual Tax Amount $32,107
Tax Year 2024
Lot Size 1.180 Acres
Acres 1.18
Property Sub-Type Business
Property Description
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.
Location
Province BC
County Out Of Board
Area Other Boards
Zoning M1
Exterior
Parking On Site 1
Building
Structure Type Wood
Others
Pets Allowed Yes
Tax ID 004-190-815
Ownership Freehold
Read Less Info
Listed by Pemberton Holmes - Cloverdale