Description

Exceptional investment opportunity: Positioned prominently at the junction of Highway 97 and Highway 3, this expansive property spans nearly 2 acres. Currently operating as the Westridge Motel, it boasts flexible zoning that accommodates a variety of potential uses, from its current motel setup to redevelopment opportunities. Recently refurbished, the motel offers 32 updated rooms featuring new air conditioning, stylish laminate flooring, and tasteful decor. A newly added restaurant on-site provides an additional revenue stream, particularly beneficial during the lively summer season. A 6000 sqft pub, currently undergoing renovations and set to open in mid-summer, further enhances the property's amenities. Plans include expanding the motel with an additional 20 rooms on a second level, utilizing available floor space. Additional!, there's a three-bedroom house suitable for rental income and a spacious two-bedroom Manager's Suite tucked behind the Motel Office. (id:6770)