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.
Address
300 Meadow Way
List Price
$2,999,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Area
Malahat & Area
Sub-Area
ML Malahat Proper
Lot Size
153605 Sq. Ft.
Lot Size (Acres)
3.53 Ac.
MLS® Number
976719
Listing Brokerage
RE/MAX Island Properties
Postal Code
V0R 2L0
Tax Amount
$9,894.93
Tax Year
2023
