Retro Motel for Sale

123 Railway Ave

Salmo, British Columbia

$520,000

6 Beds
0.41 Acre
Basic Details
Status: Active
Property Type: Business and Property
Listing Type: For Sale
Commercial Type: Multi-Family
Price: $520,000
Beds: 6
Sq Ft: 0.41 Acre
Property Description
  • 6 themed rooms w/potential for 7
  • Walking Distance to Downtown Salmo
  • Excellent Potential for Future Growth

Little retro motel with 6 theme rooms, providing a unique experience for each guest. Reno Motel named after The Reno Gold Mine which operated in Salmo area for many years, making it part of Salmo’s rich mining history. Situated on Hwy 6, 20 min from US border, 25 minutes to Nelson, BC. Walking distance to downtown Salmo, 2 blocks to Main Street, with Cafes & shops, Erie Creek Craft Brewery, with live music 3-4 days a week, Salmo Pub & restaurant.

Salmo is the hub of the Kootenays, 40km to Nelson, Castlegar & Trail, also mid way between Calgary & Vancouver on Hwy 3. Easy access to several local ski hills, including Salmo Ski Hill, which is almost in town. Kootenay Pass, a popular back country area is 20 minutes away. The motel is small enough for a couple to run themselves, without many expenses. The Reno Motel generates an
excellent income, with plenty of room for potential growth.

Additional Information
123 Railway Ave
123
Railway
Ave
Canada, British Columbia, Salmo
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Neighbourhood Information
For More Details
Eugen Klein
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"NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assume no responsibility for its accuracy."