SOLD (26/11/2020)

6451 HIGHWAY 3

For Sale in Grand Forks, British Columbia

$580,000
  • Built 1960


Fantastic turn-key operation! The Victorian Motel and RV Park is a well established business located on the very busy Highway 3 corridor just east of Grand Forks. The motel features 14 comfortable rooms for guests along with 14 RV sites fully serviced offering both 30 and 50 amp power, water and sewer. The RV park provides additional income for the motel and currently has full occupancy! The motel offers guest laundry, showers, toilet and sink available for RV guests. The motel is situated just 5 minutes from downtown Grand Forks which offers great dining and shopping options for visitors. The motel runs at close to full occupancy during the summer months and at least 50% occupancy during the off-peak season. The RV Park has 6 full-time tenants providing guaranteed income of $3,300 per month. Ideal location situated on 2.09 acres with Kettle River frontage offering visitors the chance to river tube or swim on those hot summer days and access to great recreational activities year round. Numerous upgrades made to the motel including the upgrading of the septic system, a new well, air conditioning and heating systems plus many more! The motel also features an owner's suite that offers approximately 1,600 square feet of living space and features a spacious living room, kitchen, dining area, office nook along with 3 bedrooms and full bath along with an ensuite off the master bedroom. There is also a great private patio for the owners to enjoy during the quiet times!
Address 6451 HIGHWAY 3
List Price $599,000
Sold Price $580,000
Sold Date 26/11/2020
Type of Dwelling Business
Area British Columbia
Sub-Area Grand Forks
Year Built 1960
MLS® Number 2440057
Listing Brokerage RE/MAX Home Advantage Grand Forks
Tax Amount $5,534.00
Tax Year 1960