505 N Terminal Ave

Business For Sale in Na Central Nanaimo, Nanaimo

$5,200,000
PRIME INVESTMENT OPPORTUNITY: Presenting a unique opportunity to acquire the well-established Port-O-Call Inn & Suites, a recently renovated 42-unit motel located in the heart of Nanaimo, British Columbia. This property offers a prime location just minutes from key local attractions, including the Departure Bay Ferry Terminal, Newcastle Island Marine Provincial Park, downtown Nanaimo and Vancouver Island University make this a highly desirable location for tourists and business travelers alike. PROPERTY HIGHLIGHTS: The motel boasts 42 newly renovated guest rooms, including 18 fully-equipped kitchenette suites, a spacious 2-bedroom manager’s suite, a leased onsite Japanese restaurant for additional income stream, and the property is in excellent condition following recent upgrades. IDEAL BUYERS: Hospitality operators looking to expand or establish a footprint, First-time entrepreneurs or investors seeking a profitable turnkey business, Hotel chains/franchises or real estate developers, Families or partners seeking a lifestyle business opportunity, Niche buyers interested in a well-established motel with strong local demand. This is a rare opportunity to invest in a thriving business in one of British Columbia's most sought-after communities. Don't miss out on owning a piece of Nanaimo's hospitality market!
Address 505 N Terminal Ave
List Price $5,200,000
Property Type Commercial Sale
Type of Dwelling Business
Area Nanaimo
Sub-Area Na Central Nanaimo
Lot Size 36225 Sq. Ft.
Lot Size Acres 0.83 Ac.
MLS® Number 981270
Listing Brokerage 460 Realty Inc. (NA)
Postal Code V9S 4K1
Tax Amount $50,345
Tax Year 2024
Amenities Balcony/Deck

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Alex Penner

460 Realty

202-1551 Estevan Road Nanaimo BC V9S 3Y3

Office: 250-802-0203

Toll Free: 855-278-5924

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