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5510 W 16 HIGHWAY

$2,300,000

C8074813
MLS#

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Courtesy of:Amrit Chauhan

eXp Realty of Canada, Inc.

Courtesy of:Milap Dhaliwal

William Wright Commercial Real Estate Services

Description

This offering presents a rare opportunity to acquire a turn-key motel and RV property in Terrace, B.C. Rainbow Inn Motel & RV Park features 22 renovated guest rooms, 10 fully-serviced RV pads, and a detached manager's residence, all situated on a 1.36-acre site with prominent frontage along Highway 16. It's strategically located along the primary transportation corridor connecting Terrace to Prince Rupert and Kitimat. Extended-stay demand from international tourists, resource workers, medical visitors, and government personnel supports stable year-round occupancy. Over $200,000 in recent capital improvements have been completed, positioning the property in move-in-ready condition with minimal near-term capital requirements.

Overview

  • Price $2,300,000
  • MLS # C8074813
  • Age 1955

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