This is a tremendous opportunity to acquire a highway-side motel that has been operating successfully for years. Situated on 3.53 acres near the top of the Malahat and across from the Moon Over Water Lodge. The property features a single-family home with 4 bedrooms, 3 bathrooms and 2862 sq/ft. Built in 1974 and well maintained. The house also features a reception area to welcome guests. Across the rest of the property you will find 11 bungalows totally 17 nightly suites. With a range from studios up to 2 bedrooms there are accommodations for all types of travelers. The well maintained grounds feature a bbq area, small pond and recreation area for guests to unwind. This business has been well cared for by the owners for many years and now it's time for them to step aside. Come have a look and bring your ideas for the future of the Malahat Bungalows.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Business, Land
Lease Type:
Sale of Assets, Sale Of Shares, See Remarks
Listing General Location:
ML Malahat Proper, Malahat & Area
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
3.526 acre(s)1.43 hectare(s)
Taxes:
$9,894.93 /
2023
Total Building Area:
2,862 sq. ft.266 m2
Commercial Area:
Other
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
1942200.0
Assessment year:
2024
Jurisdiction name:
Duncan Rural (765)
Legal Description:
LOT 1, PLAN VIP38729, DISTRICT LOT 105, MALAHAT LAND DISTRICT, EXCEPT PLAN EPP29108, & EXC PT IN EPP70070