Hospitality in Cumberland available for sale
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Hospitality Properties for Sale near Cumberland

Hospitality Properties for Sale Within 10 kilometers of Cumberland

More details for 2082 Comox Ave, Comox, BC - Hospitality for Sale

Port Augusta Inn & Suites - 2082 Comox Ave

Comox, BC V9M 1P8

  • Hospitality for Sale
  • $13,500,000 CAD
  • 24,375 SF
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More details for 1590 Cliffe Ave, Courtenay, BC - Hospitality for Sale

Best Western The Westerly Hotel - 1590 Cliffe Ave

Courtenay, BC V9N 2K4

  • Hospitality for Sale
  • $17,000,000 CAD
  • 66,913 SF
  • Fitness Center
  • Restaurant

Courtenay Hospitality for Sale

The Westerly Hotel at 1590 Cliffe Avenue, Courtenay, BC is offered for sale as a 100% freehold interest. This turnkey investment includes 67 one- and two-bedroom hotel suites operating under the Best Western brand, plus approximately 17,641 sq. ft. of commercial space featuring service-oriented retail, a pub and lounge, and a fitness area (soon to be leasable). The property has undergone significant recent capital improvements, minimizing near-term expenditures and enhancing long-term income potential. Positioned within a supply-constrained hospitality market, this asset offers stable occupancy and diversified revenue streams, making it an attractive addition to any investment portfolio. The property is prominently located along Cliffe Avenue, Courtenay’s primary arterial route, providing excellent visibility and convenient access to the Downtown core. Situated in the heart of the Comox Valley, guests enjoy proximity to world-class recreational activities such as golf, skiing, mountain biking, fishing, kayaking, and scuba diving, as well as cultural attractions like festivals, galleries, and museums. The site spans 2.59 acres with MU-2 zoning and Urban Centre designation under the OCP, supporting mixed-use development. On-site amenities include a restaurant, cocktail lounge, fitness facility, and a soon-to-be-completed spa-like hot tub and sauna.

Contact:

Cushman & Wakefield

Property Subtype:

Hotel

Date on Market:

2024-10-18

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Hospitality Properties for Sale in Cumberland

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How many hospitality properties are available for sale in Cumberland?
There are currently 0 hospitality properties available for sale in Cumberland, offering a unique opportunity for businesses to establish a presence.