250-490-7942

Choose Your Language

9913 Highway 3 Other

Offered at: $4,900,000

MLS®: 10317894

Exceptional investment opportunity: Positioned prominently at the junction of Highway 97 and Highway 3, this expansive property spans nearly 2 acres. Currently operating as the Westridge Motel, it boasts flexible zoning that accommodates a variety of potential uses, from its current motel setup to redevelopment opportunities. Recently refurbished, the motel offers 32 updated rooms featuring new air conditioning, stylish laminate flooring, and tasteful decor. A newly added restaurant on-site provides an additional revenue stream, particularly beneficial during the lively summer season. A 6000 sqft pub, currently undergoing renovations and set to open in mid-summer, further enhances the property's amenities. Plans include expanding the motel with an additional 20 rooms on a second level, utilizing available floor space. Additional!, there's a three-bedroom house suitable for rental income and a spacious two-bedroom Manager's Suite tucked behind the Motel Office. (id:6769)

Quick Stats

Key Home Data

0
BATH(S)
BED(S)
0
SQFT
YES
SHOWING AVAILABLE
Property Type:
Hospitality
Home Ownership:
Freehold

Payment Calculator

Calculate your monthly mortgage payment.

Mortgage Amount
$
Amortization
years
Payment Freq.
Interest Rate
%
Calculating...

All About the Details

See specific details below.

Neighbourhood Statistics

Get to know your neighbourhood.

Similar Properties

Other properties you might like.

Search by Keyword:
1

Request a Showing

Have questions about this property?

Chat Now

Contact Morrison Bifford Real Estate Group
About This Property.