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Renanza Realty
For sale

4881 ST MARY'S Street

Radium Hot Springs, British Columbia

MLS® 10385222

$2,898,000

Status
Active
Property type
Hospitality
MLS® number
10385222
Bedrooms
Bathrooms
Year built
1958

Listing description

*** For more information, please click Brochure button. *** Seize the opportunity to own Destination Inn, a fully renovated and profitable hospitality business located in the heart of Radium Hot Springs, BC. Recently renovated between 2021 and 2024, this inn features modern amenities, including a grid-tied solar system and a house for owner or staff accommodations.

With 22 well-designed rooms, including pet-friendly options, guests enjoy complimentary Wi-Fi, a BBQ area, an outdoor fire pit, and a large raised patio. The prime location allows easy access to local restaurants, shops, and the stunning Kootenay National Park, making it a desirable spot for tourists seeking adventure or relaxation. This lucrative investment opportunity demonstrates potential consistent profit growth, providing a seamless transition for new ownership.

With features like boutique-style lodging and a family-friendly atmosphere, Destination Inn caters to diverse clientele, including outdoor enthusiasts and nature lovers. Keywords associated with this property highlight its attractiveness as a profitable hospitality venture and prime real estate in a thriving tourist destination, ensuring potential for continued revenue growth.

Property summary

MLS® number
10385222
Property type
Hospitality
Building type
Other
Square footage
10,000 sq ft
Title
Freehold
Land size
0.55 acres
Built in
1958
Annual property taxes
$8,433.61
Parking
20 spaces · Stall, Offset, Street
Days on market
125 days

Features & details

Heating
Baseboard heaters, Electric
Cooling
Wall unit
Exterior features
Stucco
Lot features
Corner Site, Sloping, Sauna
Community features
Family Oriented

What would this home cost you?

Based on the $2,898,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$13,484 /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 Easy List Realty, Victoria.

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.