5510 W 16 HIGHWAY

Business For Sale in Terrace, British Columbia

$2,300,000
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:4069)
Address
5510 W 16 HIGHWAY
List Price
$2,300,000
Property Type
Business
Transaction Type
Sale
Area
British Columbia
Sub-Area
Terrace
Lot Size
1.36 Sq. Ft.
Year Built
1955
MLS® Number
C8074813
Listing Brokerage
William Wright Commercial Real Estate Services | eXp Realty of Canada, Inc.
Postal Code
V8G0C6

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Ceara Abreu

RE/MAX Kitimat Realty

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3-528 MOUNTAIN VIEW SQ. KITIMAT BC V8C2N2