Accommodation Travel and Tourism Businesses for Sale in BC

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477 Fraser Avenue
Hope & Area Hope V0X 1L0

$2,800,000
Business with Property

Main Photo: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8074460
Photo 1: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8074460
Photo 2: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8074460
Photo 3: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8074460
Photo 4: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8074460
Photo 5: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8074460
Photo 6: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8074460
Photo 7: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8074460
Status:
Active
Prop. Type:
Business with Property
MLS® Num:
C8074460
Bus Major:
Travel
Build. Type:
Live/Work
Great opportunity to buy well maintained "RED ROOF INN MOTEL" in Hope. The current owner has been operating successfully for over 28 years. This motel has 3 buildings and large parking area. Total 27 guest rooms and large 3-bedroom suite for owner or manager. 8 units have kitchenettes. The indoor swimming pool area is currently used for storage, but it could be converted into guest rooms or breakfast serving area. Easy and safe access from Hwy 1 and close to Hope downtown. Customers are tourists, fishing/skiing/hiking people and workers. Don't miss Excellent LIVE/WORK BUSINESS with good income!
Sale Type:
Asset or Share
Ownership:
Freehold
Property Type:
Business with Property
Commercial Type:
Accommodation Travel & Tourism
Business Name:
RED ROOF INN MOTEL
Business Type:
Travel, Hotel/Motel
Business Established Year:
1997
Construction:
Frame Wood
Building Type:
Live/Work
# Bldgs:
3
Year built:
1981 (Age: 44)
Living Area:
11,000 sq. ft.
Subject Property Depth:
120'
Subject Property Width:
200'
Lot Area:
23,958 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Window Unit(s)
Electricity:
Yes
Services Connected:
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Sewer:
Public Sewer, Sanitary Sewer
Parcel Number:
011969351
Taxes:
$18,876.09 / 2025
No
Yes
Water Supply:
Public
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8074460
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  • Photo 2: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8074460
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  • Photo 3: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8074460
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  • Photo 4: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8074460
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  • Photo 5: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8074460
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  • Photo 6: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8074460
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  • Photo 7: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8074460
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Listed by Homelife Advantage Realty Ltd.
Data was last updated December 15, 2025 at 04:10 AM (UTC)
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