PRIME INVESTMENT OPPORTUNITY! Nestled in the heart of the vibrant mountain town of Fernie, BC, this property offers an exceptional opportunity to own a hospitality business with massive potential. Located on Highway 3 and minutes from Fernie Alpine Resort, world-class fishing on the Elk River, and the most beautiful Fernie Golf and Country Club, this property is ideal to attract outdoor enthusiasts year-round. The property features 15 well-maintained motel units on two levels, three rooms are equipped with kitchenettes while one features a full kitchen, plus a spacious owner’s suite with a front desk/office. Currently operating under East Kootenay Motel, the business provides stable income with significant potential for growth. Guests love the property’s walkable location, close to Fernie’s charming shops, amenities, and restaurants, including the attached restaurant ""Chilango"" proven to be a Fernie-Favorite by locals and tourists alike providing a steady income stream for the motel through the leased space. Whether you’re looking to enhance the existing business or explore new development opportunities, this property is packed with potential. Contact us today for more information or to schedule a private showing. BY APPOINTMENT ONLY. (id:47421)
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Detailed Information
Amenities Nearby
Golf Nearby, Ski area
Community Features
High Traffic Area
Features
Level lot, Corner Site, Pole sign
Listing Contract Date
2024-12-31
Municipal ID
018-692-907
Ownership Type
Freehold
Property Type
Hospitality
Transaction Type
For sale
Zoning
Unknown
Building
Constructed Date
1986
Cooling Type
Wall unit
Exterior Finish
Stucco
Heating Type
Baseboard heaters
Type
Other
Parking Spaces
Name
Spaces
Oversize
Land
Total Size
0.48 acres
Access Type
Easy access, Highway access
Amenities
Golf Nearby, Ski area
Fence Type
Not fenced
Landscape Features
Level
Size of Irregular Land
0.48
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