Property Description
This is a tremendous opportunity to acquire a highway-side motel that has been operating successfully for years. Situated on 3.53 acres near the top of the Malahat and across from the Moon Over Water Lodge. The property features a single-family home with 4 bedrooms, 3 bathrooms and 2862 sq/ft. Built in 1974 and well maintained. The house also features a reception area to welcome guests. Across the rest of the property you will find 11 bungalows totalling 17 nightly suites. With a range from studios up to 2 bedrooms there are accommodations for all types of travelers. The well maintained grounds feature a bbq area, small pond and recreation area for guests to unwind. This business has been well cared for by the owners for many years and now it's time for them to step aside. Come have a look and bring your ideas for the future of the Malahat Bungalows.
Property Details
MLS #:
1042590
ID #:
31725439
Type:
Commercial Sale
Sub-Type:
Multi Family
Area:
Malahat & Area
Sub-Area:
ML Malahat Proper
Status:
Active
Lot Size:
3.53 acres
Property Tax:
$18,973 (2025)
Days on Market:
99 days
Listing provided by RE/MAX Sabre Realty Group
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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