Hotels for Sale — Nakusp, BC
$1,890,000
96 4 Avenue SW, Nakusp, BC V0G1R0
Property details
Structured details
- Annual property tax
- $22,667
- Lot dimensions
- 0.39
- Structure type
- Other
- Parcel ID (PID)
- 014-063-956
- Water source
- Municipal water
- Sewer
- Municipal sewage system
- Heating
- Baseboard heaters
- Roof
- Metal, Unknown
From the listing remarks
- Established
- 1900
Stated by the listing brokerage in the remarks; not verified. Hover a value to see the exact sentence it came from.
Listing Information
- MLS®
- 10380075
- Listed
- April 1, 2026
- Time on market
- 166 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
The Leland Hotel is one of British Columbia's oldest continuously operating hotels — a recognized heritage property situated in the heart of Nakusp, overlooking Upper Arrow Lake. Established circa 1900 and listed on the BC Register of Historic Places, the three-storey wood-frame building is a landmark presence in the community and a genuine legacy asset. The business operates across 21 hotel rooms, a licensed pub, a full-service restaurant, KENO and LOTTO terminals, retail, and off-sales — a well-diversified hospitality operation with diversified income streams Nakusp draws year-round visitors for its internationally known hot springs, Arrow Lakes waterfront, and four-season outdoor recreation. With limited accommodation supply and strong regional demand, the Leland Hotel occupies a defensible market position that cannot be replicated. This is a unique opportunity in one of BC's most beautiful areas with plenty of outdoor activities including hot springs! Please call your agent and get the details! (id:63159)
Financing calculator
Estimate your monthly payment on the $1,890,000 asking price.
Financing details
- Monthly debt service
- $18,345
- Cash required at close
- $403,000
- 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 (Nakusp)
- Population
- 1,589(-1% since 2016)
- Population density
- 197.6/km²
- Median household income
- $64,500
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 14.6%
- Postsecondary below bachelor's
- 35.8%
- High school diploma
- 35.4%
- No certificate/diploma
- 14.6%
Population aged 15 and over.
Commute
- Car, truck or van
- 79.0%
- Public transit
- 0.0%
- Walked
- 15.3%
- Bicycle
- 4.0%
- Other
- 0.0%
Commute duration
- Under 15 min
- 73.4%
- 15–29 min
- 5.6%
- 30–44 min
- 3.2%
- 45–59 min
- 3.2%
- 60+ min
- 15.3%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (3)
- Leland on the Lake Restaurant · 96 4th Avenue Southwest15m
- Bella Soriah · Broadway Street W126m
- Woodfire Pizza180m
Cafes (1)
- Mountain Top Coffee · 109 Broadway Street W282m
Grocery (1)
- Save-On-Foods144m
Parks (1)
- Unnamed454m
Banks & ATMs (2)
- Kootenay Savings Credit Union · 502 Broadway Street W70m
- CIBC · 402 Broadway Street W144m
Healthcare (1)
- Arrow Lakes Hospital · 97 1st Avenue NE598m
Nearby places data: © OpenStreetMap contributors.
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All in Nakusp →Frequently asked questions
What is the asking price for this hotel?
The asking price is $1,890,000.
Where is this business located?
This listing is located in Nakusp, 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.