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$5,250,000
Est. payment /mo
16,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 16,000 sqft
Price per Sqft $328
MLS® Listing ID C8059993
Originating Board BC Northern Real Estate Board
Year Built 1972
Lot Size 1.180 Acres
Acres 1.18
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. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
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Listed by Pemberton Holmes Ltd.
343 PRESTON STREET, 11TH FLOOR, OTTAWA, Ontario, K1S1N4