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Renanza Realty
For sale

477 FRASER AVENUE, Hope

Hope, British Columbia

MLS® C8074460

$2,600,000

Status
Active
Property type
Business
MLS® number
C8074460
Bedrooms
Bathrooms
Year built
1981

Listing description

Great opportunity to buy well maintained "RED ROOF INN MOTEL" in Hope. The current owner has been operating successfully for 29 years. This motel has 3 buildings and large parking area.

Total 27 guest rooms and large 3-bedroom suite for owner or manager. 8 units have kitchenettes. The indoor swimming pool area is currently used for storage, but it could be converted into guest rooms or breakfast serving area.

Easy and safe access from Hwy 1 and close to Hope downtown. Customers are tourists, fishing/skiing/hiking people and workers. Don't miss this Excellent LIVE/WORK BUSINESS with good income!

Property summary

MLS® number
C8074460
Property type
Business
Square footage
10,375 sq ft
Land size
0.55 acres
Built in
1981
Days on market
260 days

What would this home cost you?

Based on the $2,600,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$12,097 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Homelife Advantage Realty Ltd., Abbotsford.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.