Hotels for Sale — Radium Hot Springs, BC
$1,150,000
5067 MADSEN Road, Radium Hot Springs, BC V0A1M0
Property details
Structured details
- Ownership
- Freehold
- Annual property tax
- $7,086.84
- Lot dimensions
- 0.62
- Structure type
- Other
- Parcel ID (PID)
- 014-595-613
- Water source
- Municipal water
- Sewer
- Municipal sewage system
Listing Information
- MLS®
- 10397659
- Listed
- August 18, 2026
- Time on market
- 27 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Rocky Mountain Springs is a 12 unit motel with a licensed restaurant and patio, perched on a hilltop above Radium Hot Springs, British Columbia, holding one of the finest dining views in the village. The two storey building, built in 1979, combines 12 motel guest rooms with a full service restaurant licensed for liquor, seating 30 indoors and 30 more on the panoramic patio. Renovated bathrooms, flooring and tub surrounds in 2015. The property sits on 0.62 acres, 26,900 square feet, zoned C-1 Highway Commercial, and municipal water and sewer serve the site. The property sits minutes from the Radium Hot Springs Mineral Pools and the Kootenay National Park entrance, drawing overnight guests, day trip diners and locals alike. This property is offered together with the neighbouring Radium Chalet (5063 Madsen Rd) as a combined hospitality portfolio at $3,000,000 total. Absolutely no direct contact with the property, staff, or ownership. (id:63159)
Financing calculator
Estimate your monthly payment on the $1,150,000 asking price.
Financing details
- Monthly debt service
- $11,162
- Cash required at close
- $255,000
- 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 (Radium Hot Springs)
- Population
- 1,339(+72.6% since 2016)
- Population density
- 211.2/km²
- Median household income
- $81,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 20.9%
- Postsecondary below bachelor's
- 29.9%
- High school diploma
- 38.0%
- No certificate/diploma
- 11.1%
Population aged 15 and over.
Commute
- Car, truck or van
- 85.8%
- Public transit
- 0.0%
- Walked
- 10.6%
- Bicycle
- 0.0%
- Other
- 0.0%
Commute duration
- Under 15 min
- 42.5%
- 15–29 min
- 45.1%
- 30–44 min
- 8.8%
- 45–59 min
- 0.0%
- 60+ min
- 4.4%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (2)
- Leo Burrito629m
- The Old Salzburg Resterant · 4943 Highway 95664m
Grocery (1)
- Radium Supermart782m
Nearby places data: © OpenStreetMap contributors.
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Frequently asked questions
What is the asking price for this hotel?
The asking price is $1,150,000.
Where is this business located?
This listing is located in Radium Hot Springs, 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.