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895 GIBSONS Way in Gibsons: Gibsons & Area Business with Property for sale (Sunshine Coast) : MLS® # C8009115

895 GIBSONS Way Gibsons V0N 1V8 : Gibsons & Area

Main Photo: 895 GIBSONS Way in Gibsons: Gibsons & Area Business with Property for sale (Sunshine Coast)  : MLS® # C8009115
$6,000,000
Prop. Type:
Business with Property
MLS® Num:
C8009115
Status:
Active
Bus Major:
Accommodation Travel & Tourism
Bus Minor:
Hotel/Motel
Build. Type:
Commercial Mix
Gibson’s 3 Lot Land Assembly/Development Opportunity (Totaling 141,000 sf), 895 Gibsons Way, V0N 1V7, 62,000 sf lot (The Cedars Inn Hotel and Convention Centre - Not Flagged) across the street from Sunnycrest Mall. 7 min drive from the Langdale Ferry Terminal on the Sunshine Coast. 45 rooms with a 4000 sq/ft convention ctr incl an outdoor pool & hot tub & small gym. The property was painted 3 years ago, and improvements include replaced TVs, AC units, new modern bedding, hotel fridges, & key entry system. The property also has an extra 15K SF of buildable space to increase number of rooms or rental accommodation but value mostly in land. Government & corporate clientele assures steady income of $650K/Year with potential for $1M after a good facelift and Flagging with a major chain. Expenses approx. 40%, (Note, 909 Gibsons Way next door – 30,000 sf lot is also on MLS at $1.5M). Both Sellers also open to a JV, Please go to listing agents web site for Video, info package and site map.
Sale Type:
Asset
Property Type:
Business with Property
Major Bus Type:
Accommodation Travel & Tourism
Minor Bus Type:
Hotel/Motel
Construction:
Wood Frame, Mixed
Building Type:
Commercial Mix
Year built:
1980 (Age: 37)
Total Floor Area:
Switch units of measure10,000 sq. ft.
Land Use/Zoning:
C1
Taxes:
$60,843.16 / 2016
HVAC:
Hot Water, Separate Controls, Separate HVAC Units
Env Assmt Phase:
None
Listed by Les Twarog of RE/MAX Crest Realty Westside
Listing information last updated on 22-Aug-2017 11:05 PM