42

Retro Motel for Sale Cancelled $520,000 123 Railway Ave

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Summary
Status
Cancelled

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Address
123 Railway Ave
Size
0.41 ac
Listing Type
For Sale
Property Type
Business with Property
Commercial Type
Mobile

Photos

42

Description

Little retro motel with 6 theme rooms, providing a unique experience for each guest. Reno Motel named after The Reno Gold Mine which operated in Salmo area for many years, making it part of Salmo’s rich mining history. Situated on Hwy 6, 20 min from US border, 25 minutes to Nelson, BC. Walking distance to downtown Salmo, 2 blocks to Main Street, with Cafes & shops, Erie Creek Craft Brewery, with live music 3-4 days a week, Salmo Pub & restaurant. Salmo is the hub of the Kootenays, 40km to Nelson, Castlegar & Trail, also mid way between Calgary & Vancouver on Hwy 3. Easy access to several local ski hills, including Salmo Ski Hill, which is almost in town. Kootenay Pass, a popular back country area is 20 minutes away. The motel is small enough for a couple to run themselves, without many expenses. The Reno Motel generates an excellent income, with plenty of room for potential growth.

Additional Information

Location
Land
Building
Financial
Sales Data
Mortgage Calculator
Address 123 Railway Ave
City Salmo
Province BC
Primary Property TypeBusiness with Property
Interest In LandFreehold
Land Size Acres0.41
Potential to Redevelop?No
Environ. Assessment Done?No
Reports AvailableNo
Building Type Mobile
Transaction Type For Sale
Sale Type Asset
List Price 520000
Is this a Sublease? No
%

Contact

For more details, please contact our specialists.

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Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

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