1390 Columbia Street, South Kamloops

MOTEL OPPORTUNITY IN KAMLOOPS ~ CANADA'S BEST VALUE INN & SUITE. Excellent investment opportunity in the Kamloops region, a thriving hub for industry, tourism, and transportation with strong year-round demand. This well-maintained motel features 51 rooms, including 6 bachelor suites rented at approx. $1000/month, plus a leased restaurant generating $3500/month (plus utilities). Additional highlights include a 2-bedroom manager's suite with office, laundry facilities (2 washers/2 dryers), a large basement storage, and extra rooms currently used for storage. Rooms are renovated with no upgrades required. A franchise agreement with Canada's Best Value Inn is in place. The property sits on just over 1 acre, including an additional 4000 sq.ft area with development potential. Strong cash flow and excellent location make this a rare opportunity. Please do not approach staff for information. A Non-Disclosure Agreement (NDA) is required before releasing business details (id:6769)