for sale - north star inn
FOR SALE - NORTH STAR INN REDEVELOPMENT POTENTIAL 650 Kuldo Blvd, Kitimat, BC
Building 1
Building 2
Kitimat
For further information, contact: Bruce Long PREC, CCIM, FRI
604.312.2000
Macdonald Commercial R.E. Services Ltd.
[email protected]
Macdonald Commercial Real Estate Services Ltd. 1827 West 5 Avenue, Vancouver, BC V6J 1P5 th
T 604.736.5611 | F 604.736.7976 www.macdonaldcommercial.com
Although this information has been received from sources deemed reliable, we assume no responsibility for its accuracy, and without offering advice, make this submission subject to prior sale or lease, change in price or terms and withdrawal without notice.
Kitimat, BC
EXECUTIVE SUMMARY
BUILDING 1
ABOUT KITIMAT Kitimat, being Western Canada’s busiest private port, and one of only two wideflat valleys on Canada’s West Coast, has become known for its great potential for future development in the energy sector. Although delayed due to recent conditions, many companies industry continue to plan for of LNG export terminals
world market in the LNG development in Kitimat.
BUILDING 1
BUILDING 2
BUILDING 1
NORTH STAR INN
650 Kuldo Blvd, Kitimat, BC BUILDING 2
ABOUT NORTH STAR INN The North Star Inn complex is comprised of two buildings situated side by side on a large property, consisting of two lots. The site has great potential for redevelopment. The smaller building (building # 1) is a traditional style, two story walk up motel with 16 rooms. This building is in reasonably good condition and is in rentable condition. The other building (building # 2) is a 3 story walk up style building with a full basement. This property, with its “dorm room” configuration, consists of 47 sleeping rooms, each containing a sink and vanity. There are 24 individual bathrooms, each containing a toilet and shower. This building is unoccupied and is part way through renovations. Part of the main floor was once a commercial kitchen with dining room. The basement level once housed a pub and games room and is currently used as storage.
BUILDING 2
NORTH STAR INN
650 Kuldo Blvd, Kitimat, BC
BUILDING SIZE Building # 1: Approx. 4,428 ft2 Building # 2: Approx. 11,424 ft2
LOT SIZE 1.05 Acres
PROPERTY TAXES (2016) $34,494.87
ZONING R4-A, Multifamily, boarding or rooming house Had a Land Use Contract – permitting pub
LEGAL DESCRIPTION Lot 2, Blk 267, DL 6033 & 6036, Range 5, Coast District, Plan 7283 PID: 009-428-364 and Block 235, DL 6033, Range 5, Coast District, Plan 4233 PID: 011-607-335
PRICE $1.95 Million
For further information please contact: Bruce Long PREC, CCIM, FRI
604.312.2000 [email protected]
Building 1
Building 2
Kitimat
For further information, contact: Bruce Long PREC, CCIM, FRI
604.312.2000
Macdonald Commercial R.E. Services Ltd.
[email protected]
Macdonald Commercial Real Estate Services Ltd. 1827 West 5 Avenue, Vancouver, BC V6J 1P5 th
T 604.736.5611 | F 604.736.7976 www.macdonaldcommercial.com
Although this information has been received from sources deemed reliable, we assume no responsibility for its accuracy, and without offering advice, make this submission subject to prior sale or lease, change in price or terms and withdrawal without notice.
Kitimat, BC
EXECUTIVE SUMMARY
BUILDING 1
ABOUT KITIMAT Kitimat, being Western Canada’s busiest private port, and one of only two wideflat valleys on Canada’s West Coast, has become known for its great potential for future development in the energy sector. Although delayed due to recent conditions, many companies industry continue to plan for of LNG export terminals
world market in the LNG development in Kitimat.
BUILDING 1
BUILDING 2
BUILDING 1
NORTH STAR INN
650 Kuldo Blvd, Kitimat, BC BUILDING 2
ABOUT NORTH STAR INN The North Star Inn complex is comprised of two buildings situated side by side on a large property, consisting of two lots. The site has great potential for redevelopment. The smaller building (building # 1) is a traditional style, two story walk up motel with 16 rooms. This building is in reasonably good condition and is in rentable condition. The other building (building # 2) is a 3 story walk up style building with a full basement. This property, with its “dorm room” configuration, consists of 47 sleeping rooms, each containing a sink and vanity. There are 24 individual bathrooms, each containing a toilet and shower. This building is unoccupied and is part way through renovations. Part of the main floor was once a commercial kitchen with dining room. The basement level once housed a pub and games room and is currently used as storage.
BUILDING 2
NORTH STAR INN
650 Kuldo Blvd, Kitimat, BC
BUILDING SIZE Building # 1: Approx. 4,428 ft2 Building # 2: Approx. 11,424 ft2
LOT SIZE 1.05 Acres
PROPERTY TAXES (2016) $34,494.87
ZONING R4-A, Multifamily, boarding or rooming house Had a Land Use Contract – permitting pub
LEGAL DESCRIPTION Lot 2, Blk 267, DL 6033 & 6036, Range 5, Coast District, Plan 7283 PID: 009-428-364 and Block 235, DL 6033, Range 5, Coast District, Plan 4233 PID: 011-607-335
PRICE $1.95 Million
For further information please contact: Bruce Long PREC, CCIM, FRI
604.312.2000 [email protected]
