BC HOTEL FOR SALE, BC MOTEL FOR SALE, BC INN FOR SALE

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477 Fraser Avenue
Hope & Area Hope V0X 1L0

$2,690,000
Business with Property

View of property featuring stairs
Photo 1: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8069889
Photo 2: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8069889
Photo 3: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8069889
Photo 4: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8069889
Photo 5: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8069889
Photo 6: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8069889
Status:
Active
Prop. Type:
Business with Property
MLS® Num:
C8069889
Bus Major:
Travel
Build. Type:
Low Rise (2-4 storeys)
Located in the heart of beautiful Hope, BC. Just two hours from Vancouver and at the crossroads of three major highways (Highway 1, Highway 3, and Highway 5) This 26-unit motel is a fantastic investment opportunity. Positioned on a spacious 24,000 sq. ft. lot in downtown Hope, the property is a five-minute walk from Hope City Hall and Hope Memorial Park, a popular stop for tourist buses.The motel includes a 3-bedroom manager’s suite and offers easy access to all local amenities, including grocery stores, shops, restaurants, coffee spots, and more. This profitable business holds significant potential and is ideal for a family-run operation.
Sale Type:
Share
Ownership:
Freehold
Property Type:
Business with Property
Commercial Type:
Accommodation Travel & Tourism
Business Name:
Red Roof Inn
Business Type:
Travel, Hotel/Motel
Construction:
Other
Building Type:
Low Rise (2-4 storeys)
Year built:
1976 (Age: 49)
Living Area:
0 sq. ft.
Lot Area:
24,000 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
011969351
Taxes:
$0 / 2024
No
Yes
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8069889
    View of property featuring stairs
  • Photo 2: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8069889
    View of mountain backdrop
  • Photo 3: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8069889
    Exterior space with a mountain view
  • Photo 4: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8069889
    Bedroom with baseboard heating and carpet
  • Photo 5: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8069889
    Bedroom with freestanding refrigerator and a sink
  • Photo 6: 477 Fraser Avenue: Hope Business with Property for sale (Hope & Area)  : MLS®# C8069889
    Carpeted bedroom with freestanding refrigerator
Listed by Sutton Group - 1st West Realty
Data was last updated September 3, 2025 at 06:40 AM (UTC)