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Main Photo: 300 Meadow Way in Malahat: ML Malahat Proper Multi Family for sale (Malahat & Area)  : MLS®# 976719
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Photo 70: 300 Meadow Way in Malahat: ML Malahat Proper Multi Family for sale (Malahat & Area)  : MLS®# 976719
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
976719
This is a tremendous opportunity to acquire a highway-side motel that has been operating successfully for years. Situated on 3.53 acres near the top of the Malahat and across from the Moon Over Water Lodge. The property features a single-family home with 4 bedrooms, 3 bathrooms and 2862 sq/ft. Built in 1974 and well maintained. The house also features a reception area to welcome guests. Across the rest of the property you will find 11 bungalows totally 17 nightly suites. With a range from studios up to 2 bedrooms there are accommodations for all types of travelers. The well maintained grounds feature a bbq area, small pond and recreation area for guests to unwind. This business has been well cared for by the owners for many years and now it's time for them to step aside. Come have a look and bring your ideas for the future of the Malahat Bungalows.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Business, Land
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
ML Malahat Proper, Malahat & Area
Bathrooms:
- (Full:-/Half:-)
Lot Size:
3.526 acre(s)
Taxes:
Ceiling Heights:
Total Building Area:
2,862 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Duncan Rural (765)
Legal Description:
Units in Building:
Units in Community:
Parking Features:
On Site
Business Type:
Accommodation
Total Units:
Date Listed:
Sep 19, 2024
Original Price:
2999000.0
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Listed by RE/MAX Island Properties
Data was last updated November 22, 2024 at 02:05 PM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.