This other in Crofton offers 8,420 sqft of building area on a 10,019 sqft lot. Built in 1981. The property has lot dimensions of 10019, zoned Unknown. The home features electric, hot water heating. Highlights include a 20-car garage.
Discover an exceptional investment opportunity with Croft Inn Motel, the only motel in the charming town of Crofton, BC. Ideally situated just steps from the BC Ferry Terminal, this well-established15-room motel offers steady income potential with its prime location, ocean views, and upgraded facilities. This two-story motel is a solid frame and concrete block structure with a tar and gravel roof and individually metered units. Guests enjoy a beautiful cedar deck for summer BBQs and gatherings, while the owner's suite features a private rooftop gazebo with breathtaking panoramic ocean views. Additionally, the property has full kitchens in 12 one-bedroom units and two studio suites, an office, and a laundry room. With proximity to Salt Spring Island Ferry, this motel is a hotspot for tourists, travelers, and fishing enthusiasts, providing opportunities to generate extra revenue through fishing tours. The well-maintained building, excellent location, and business potential make this a rare investment with an exceptional lifestyle appeal. Act quickly to secure this thriving hospitality business (id:60351)
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Listed by Karim (Ali Merali, Royal LePage Westside Klein Group
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Listing represented by Karim (Ali Merali, Royal LePage Westside Klein Group · MLS# 1007116
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.