Share This Listing

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Kitimat Hotel Lounge 506 Enterprise Av 33 Room Hotel Kitimat, BC V8C 2E2 $1,300,000 CAD ($39,394 CAD/Room)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Located in Kitimat’s LNG corridor with CN rail access
  • Flexible zoning supports four-level redevelopment
  • Vacant possession with freehold interest
  • Includes 86 parking stalls and heavy truck accessibility
  • Adjacent to major employers like LNG Canada and Rio Tinto

EXECUTIVE SUMMARY

Exceptional hotel redevelopment opportunity in booming Kitimat. Preliminary approval for a four-storey building with 78–86 rooms, 425 sqm licensed restaurant, and 88 parking stalls. Prime service area location near LNG Canada and Rio Tinto. With billions invested in LNG, Kitimat faces urgent demand for quality accommodation - secure a rare project in BC’s fastest-growing energy hub.

PROPERTY FACTS

Price $1,300,000 CAD
Price Per Room $39,394 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.59 AC
Building Size 21,600 SF
No. Rooms 33
No. Stories 2
Year Built 1955
Parking Ratio 2.61/1,000 SF
Corridor Exterior
Zoning M2-A M2 - Service Centre Commercial Zone

AMENITIES

  • Multi-Room Suites

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 33 $88.00 CAD -
  • Listing ID: 38167699

  • Date on Market: 2023-04-26

  • Last Updated:

  • Address: 506 Enterprise Av, Kitimat, BC V8C 2E2

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}