Portrait of Carly Carey, Realtor®

Carly Carey

Realtor®

505 Terminal Ave N, Nanaimo, BC

$5,200,000

0.83

Acres

About 505 Terminal Ave N

PRIME INVESTMENT OPPORTUNITY: Presenting a unique opportunity to acquire the well-established Port-O-Call Inn & Suites, a recently renovated 42-unit motel located in the heart of Nanaimo, British Columbia. This property offers a prime location just minutes from key local attractions, including the Departure Bay Ferry Terminal, Newcastle Island Marine Provincial Park, downtown Nanaimo and Vancouver Island University make this a highly desirable location for tourists and business travelers alike. PROPERTY HIGHLIGHTS: The motel boasts 42 newly renovated guest rooms, including 18 fully-equipped kitchenette suites, a spacious 2-bedroom manager’s suite, a leased onsite Japanese restaurant for additional income stream, and the property is in excellent condition following recent upgrades. This is a rare opportunity to invest in a thriving business in one of British Columbia's most sought-after communities. Don't miss out on owning a piece of Nanaimo's hospitality market!

Commercial Sale home for sale in Nanaimo, BC at 505 Terminal Ave N.

Features of 505 Terminal Ave N

MLS® # 981270
Price $5,200,000
Sold Price $5,149,000
Acres 0.83
Type Commercial Sale
Sub-Type Business
Status Closed

Community Information: Nanaimo

Address 505 Terminal Ave N
Area Na Central Nanaimo
City Nanaimo
County Nanaimo, City of
Province BC
Postal Code V9S 4K1

Amenities of 505 Terminal Ave N

Utilities Cable To Lot
Is Waterfront No
Has Pool No

Interior of 505 Terminal Ave N

Fireplace No

Exterior of 505 Terminal Ave N

Exterior Features Balcony/Deck

Additional Information On 505 Terminal Ave N

Date Listed November 25th, 2024
Date Sold April 30th, 2025
Days on Market 123
Zoning COR2

Map To 505 Terminal Ave N, Nanaimo

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