Commercial Real Estate
300 Meadow Way
ML Malahat Proper
Malahat
V0R 2L0
$2,999,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 984985
- Photos (70)
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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
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- ML Malahat Proper, Malahat & Area
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 3.526 acre(s)1.43 hectare(s)
- Taxes:
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- Ceiling Heights:
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- Total Building Area:
- 2,862 sq. ft.266 m2
- Commercial Area:
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- Fireplace:
- No
- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- Duncan Rural (765)
- Legal Description:
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- Parking Features:
- On Site
- Business Type:
- Accommodation
- Total Units:
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- Date Listed:
- Jan 20, 2025
- Original Price:
- 2999000.0
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Listed by RE/MAX Island Properties
Data was last updated January 28, 2025 at 10:05 PM (UTC)
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.