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Main Photo: 1391 CENTRAL Street in Prince George: Spruceland Commercial for sale (PG City West)  : MLS®# C8064373
Photo 1: 1391 CENTRAL Street in Prince George: Spruceland Commercial for sale (PG City West)  : MLS®# C8064373
Photo 2: 1391 CENTRAL Street in Prince George: Spruceland Commercial for sale (PG City West)  : MLS®# C8064373
Photo 3: 1391 CENTRAL Street in Prince George: Spruceland Commercial for sale (PG City West)  : MLS®# C8064373
Photo 4: 1391 CENTRAL Street in Prince George: Spruceland Commercial for sale (PG City West)  : MLS®# C8064373
Photo 5: 1391 CENTRAL Street in Prince George: Spruceland Commercial for sale (PG City West)  : MLS®# C8064373
Photo 6: 1391 CENTRAL Street in Prince George: Spruceland Commercial for sale (PG City West)  : MLS®# C8064373
Photo 7: 1391 CENTRAL Street in Prince George: Spruceland Commercial for sale (PG City West)  : MLS®# C8064373
Photo 8: 1391 CENTRAL Street in Prince George: Spruceland Commercial for sale (PG City West)  : MLS®# C8064373
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C8064373
Bus Major:
Accommodation Travel & Tourism
Bus Minor:
Hotel/Motel
Avison Young proudly presents an exceptional investment opportunity in Prince George, BC: an 80-room motel, fully renovated in 2023 and positioned for long-term growth. Situated on 1.36 acres, this property offers a turnkey operation with a range of attractive amenities, including a 4,000-square-foot leased restaurant and pub space. The motel is in excellent condition, with no immediate capital improvements required, and features a revenue-generating, coin-operated laundry room, vending and ice machines, and secure key-card entry to each room. Suites are fully furnished and equipped with electric baseboard heating, in-suite A/C units, and flat-screen TVs. This property offers investors a strong 5.74% cap rate with additional upside potential, especially through increased bookings and branding under a reputable national franchise.
Major Bus Type:
Accommodation Travel & Tourism
Minor Bus Type:
Hotel/Motel
# Units:
80
# of Apartments:
80
# Storeys:
2.0
Year built:
1969 (Age: 56)
Total Floor Area:
0 sq. ft.
Lot Area:
1.36 acre(s)
Land Use/Zoning:
C5
Air Conditioning, Laundry Facility, Visitor Parking
Original Price:
$7,998,000
  • Photo 1: 1391 CENTRAL Street in Prince George: Spruceland Commercial for sale (PG City West)  : MLS®# C8064373
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  • Photo 8: 1391 CENTRAL Street in Prince George: Spruceland Commercial for sale (PG City West)  : MLS®# C8064373
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Listed by Avison Young Commercial Real Estate Services, LP
Data was last updated January 9, 2025 at 08:10 AM (UTC)
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