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$ 2,300,000
Est. payment /mo
New
5510 W 16 HIGHWAY Terrace, BC V8G0C6
1.36 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID C8074813
Year Built 1955
Lot Size 1.360 Acres
Acres 1.36
Source BC Northern Real Estate Board
Property Description
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:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by William Wright Commercial Real Estate Services