Hotels for Sale — Cranbrook South, Cranbrook, BC
$1,250,000
432 VAN HORNE Street S, Cranbrook, BC V1C4W7
Property details
Structured details
- Ownership
- Freehold
- Annual property tax
- $9,521.19
- Lot dimensions
- 1.01
- Structure type
- Other
- Parcel ID (PID)
- 007-994-664
Listing Information
- MLS®
- 10376960
- Listed
- February 26, 2026
- Time on market
- 200 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Rare turn-key motel opportunity in the Cranbrook offering 13 fully operational guest rooms with mixed layouts designed to suit a wide range of guest needs—ideal for both short-term stays and longer-term accommodation. Set on over 1 acre with prime highway frontage, the property benefits from constant visibility, strong traffic exposure, and excellent accessibility. The business is well equipped for day-to-day operations with a dedicated guest check-in office, outdoor guest space, plus an owner/manager suite for on-site management and convenience. Adding even more flexibility and value is an approved modular home site, perfect for additional income potential, staff housing, or extended owner living. With substantial land and tons of room for expansion, this is an exceptional opportunity for a buyer looking to grow revenues—whether by adding services, amenities, or additional features to enhance guest experience and profitability. A hard-to-find combination of income, land, and location in a region known for year-round tourism and outdoor recreation. (id:63159)
Financing calculator
Estimate your monthly payment on the $1,250,000 asking price.
Financing details
- Monthly debt service
- $12,133
- Cash required at close
- $275,000
- 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 (Cranbrook)
- Population
- 20,499(+2.3% since 2016)
- Population density
- 641.2/km²
- Median household income
- $80,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 14.5%
- Postsecondary below bachelor's
- 36.5%
- High school diploma
- 33.4%
- No certificate/diploma
- 15.6%
Population aged 15 and over.
Commute
- Car, truck or van
- 87.3%
- Public transit
- 0.8%
- Walked
- 9.1%
- Bicycle
- 1.0%
- Other
- 1.8%
Commute duration
- Under 15 min
- 67.9%
- 15–29 min
- 15.6%
- 30–44 min
- 6.0%
- 45–59 min
- 3.4%
- 60+ min
- 7.1%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (1)
- Cuisine of India · 202 Van Horne Street South720m
Parks (2)
- Unnamed449m
- TM Roberts541m
Nearby places data: © OpenStreetMap contributors.
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All in Cranbrook →Frequently asked questions
What is the asking price for this hotel?
The asking price is $1,250,000.
Where is this business located?
This listing is located in Cranbrook, 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.