+7 more
$2,300,000
5510 16
Terrace, British Columbia, V8G0C6
business·sale
1.36 ac
Lot
1955
Year Built
About This Property
This business in Terrace offers a 1.36 ac lot. Built in 1955. The property has lot dimensions of 1.36.
MLS Remarks
This offering presents a rare opportunity to acquire a turn-key motel and RV property in Terrace, B.C. Rainbow Inn Motel & RV Park features 22 renovated guest rooms, 10 fully-serviced RV pads, and a detached manager's residence, all situated on a 1.36-acre site with prominent frontage along Highway 16. It's strategically located along the primary transportation corridor connecting Terrace to Prince Rupert and Kitimat. Extended-stay demand from international tourists, resource workers, medical visitors, and government personnel supports stable year-round occupancy. Over $200,000 in recent capital improvements have been completed, positioning the property in move-in-ready condition with minimal near-term capital requirements. (id:60351)
Overview
Property Typecommercial
Sub-Typebusiness
Transactionsale
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