Hotels for Sale — Hope, BC
$1,550,000
272 WALLACE STREET, Hope, Hope, BC V0X1L0
Property details
Structured details
- Lot dimensions
- 0.37
Listing Information
- MLS®
- C8080284
- Listed
- July 9, 2026
- Time on market
- 67 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Rare opportunity to own a landmark property in the city center of Hope. The Hope Motor Motel has is a 3 level building with restaurant & bar set up, and it's ready for your new idea. The adjacent liquor store business with property is potentially available for purchase together. The property is zoned for CBD-Downtown Commercial with flexible zoning use. Future Potential for Retail on main, Motel or residential units on top. Hope is experiencing high growth, seize this strategic location now for your future business endeavors. (id:63159)
Financing calculator
Estimate your monthly payment on the $1,550,000 asking price.
Financing details
- Monthly debt service
- $15,045
- Cash required at close
- $335,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Hope)
- Population
- 6,686(+8.2% since 2016)
- Population density
- 163.6/km²
- Median household income
- $64,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 11.3%
- Postsecondary below bachelor's
- 33.3%
- High school diploma
- 34.9%
- No certificate/diploma
- 20.6%
Population aged 15 and over.
Commute
- Car, truck or van
- 87.5%
- Public transit
- 0.5%
- Walked
- 8.9%
- Bicycle
- 1.2%
- Other
- 1.9%
Commute duration
- Under 15 min
- 56.7%
- 15–29 min
- 13.2%
- 30–44 min
- 10.6%
- 45–59 min
- 4.8%
- 60+ min
- 14.7%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Kan-Yon Restaurant · 800 3rd Avenue50m
- Rolly's107m
- Pizza Hut · 761 Water Avenue144m
- Hope Pizza Place145m
- Staffones Kitchen + Bar · 541 Wallace Street493m
Cafes (3)
- Hope Mountain Cafe · 293 Wallace Street82m
- Blue Moose Coffee House117m
- Tim Hortons · 250 Old Hope-Princeton Way574m
Grocery (1)
- Buy-low foods · 489 Wallace Street386m
Shopping (2)
- Midtown Shopping Plaza45m
- Uptown Mall664m
Parks (3)
- Fort Hope National Historic Site of Canada153m
- Memorial Park225m
- Unnamed456m
Gyms (2)
- Hope Fitness Gym52m
- Unnamed774m
Pharmacies (3)
- Hope Pharmacy · 224 Wallace Street62m
- Pharmasave · 235 Wallace Street82m
- Fraser Canyon Remed's Rx · 308 Wallace Street107m
Banks & ATMs (3)
- Envision Financial168m
- Bitcoin ATM Coinsite · 526 Wallace Street457m
- Unnamed660m
Nearby places data: © OpenStreetMap contributors.
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Frequently asked questions
What is the asking price for this hotel?
The asking price is $1,550,000.
Where is this business located?
This listing is located in Hope, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.