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867 17TH Avenue
Millar Addition Prince George V2L 3Y5

$1,350,000
Commercial

Main Photo: 867 17TH Avenue in Prince George: Millar Addition Commercial for sale (PG City Central)  : MLS®# C8063945
Photo 1: 867 17TH Avenue in Prince George: Millar Addition Commercial for sale (PG City Central)  : MLS®# C8063945
Photo 2: 867 17TH Avenue in Prince George: Millar Addition Commercial for sale (PG City Central)  : MLS®# C8063945
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
C8063945
Bus Major:
Accommodation Travel & Tourism
Bus Minor:
Hotel/Motel
Wow this cash cow turnkey motel currently has an 8.9% ROI as operated and has the potential to substantially increase revenues with some very small changes to the business model. Currently it is owner occupied and managed since 1972, is in excellent condition and centrally located close to all Prince George amenities including central tourist areas.. The Prince George Motor Court has 14 renovated stand-alone cabins/units and a caretaker/manager suite generating approximately 14 renovated stand-alone cabins/units and a caretaker/manager suite generating approximately $14,500 revenues per month at an 90% occupancy rate (8.9% ROI). Excellent potential to increase revenues as room rates have not been changed in many years OR could be converted to an airBnB business model that could generate up to $31,000 + profit per month. Ask for proforma to view various business scenarios and choose your path to prosperity. Share sale only.
Major Bus Type:
Accommodation Travel & Tourism
Minor Bus Type:
Hotel/Motel
# Units:
15
# of Apartments:
15
# Storeys:
1.0
Year built:
1954 (Age: 71)
Total Floor Area:
1.43 acre(s)
Lot Area:
19,800 sq. ft.
Land Use/Zoning:
C5
Laundry Facility
Original Price:
$1,350,000
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Data was last updated January 9, 2025 at 08:10 AM (UTC)
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