7156 THUNDER BAY STREET
Powell River, British Columbia
MLS® 20067
$1,950,000
- Status
- Active
- Property type
- Business
- MLS® number
- 20067
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 46Listing description
Marland Motel offers a rare investment opportunity in Powell River, BC. This established 19-unit motel and cottage complex is situated on 0. 913 acres at the south entrance to town, providing excellent visibility, easy access, and ample on-site parking.
The property features 5 standalone cottages, a 4-unit building, a 10-unit two-storey building, and a spacious 3-4 bedroom owner/operator suite. Included are two separate lots: the motel property and an additional vacant residential lot boasting excellent ocean views, offering future development potential. Under the same ownership for approximately 20 years, the business has been conservatively operated and well maintained.
With its strong location, diverse accommodation mix, additional land holdings, and significant upside potential in both operations and redevelopment, Marland Motel presents an exceptional opportunity for investors and owner-operators alike.
Property summary
- MLS® number
- 20067
- Property type
- Business
- Land size
- 1.37 acres
- Annual property taxes
- $21,489.00
- Days on market
- 44 days
Features & details
- Lot features
- Visual exposure
- View
- View
What would this home cost you?
Based on the $1,950,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REMAX Kelowna, Kelowna.
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.