Fernie Hostels for Sale

Commercial Real Estate in Fernie available for sale

Fernie Hostel for Sale

More details for 892 6th Ave, Fernie, BC - Hospitality for Sale

Raging Elk Adventure Lodge & Kodiak Lounge - 892 6th Ave

Fernie, BC V0B 1M0

Hospitality for Sale
$3,999,000 CAD
12,000 SF

Fernie Hospitality for Sale

Rare opportunity to own a turn-key hospitality business in the heart of beautiful and booming Fernie, BC. The Raging Elk Adventure Lodge and Kodiak Lounge are situated in a renovated 12,000 sq. ft building, situated on 3 lots with 2 patios and 360 degree mountain views. The Raging Elk has been locally owned and operated for 27 years and features 91 beds, state-of-the-art sleeping pods, family rooms, group dorms, a full kitchen, guest dining, coin laundry, huge entertainment space and more. The Kodiak Lounge is a popular establishment with 55 seats inside and 55 seats on the new covered deck, popular for travellers and event go-ers! This opportunity boasts strong revenue, a loyal customer base, and prime downtown location near world-class skiing, biking, and outdoor adventures. A rare transferable liquor license, zoning for expansion, and an established brand with deep community ties add immense value. Included in the sale is the 3-bed, 2-bath residence next door. Whether you need staff housing for your commercial operations, make it a rental property, move in yourself or consider re-zoning to expand your hospitality business; the inclusion of this property on your commercial purchase is a great opportunity! Financials available upon signing an NDA. Showings by appointment only for qualified buyers after financial review. Don’t miss this exceptional opportunity—contact the listing agent today!

Contact:

ReMax Elk Valley Realty

Property Subtype:

Hostel

Date on Market:

2025-12-03

Hide

1-1 of 1

Learn More About Investing in Hostels

Understanding Cap Rates in Commercial Real Estate

Calculating and Interpreting Cap Rates for Canadian Investors

Types of Commercial Leases: From Gross to Triple Net

Understanding the Different Lease Structures for Your Business Space

Commercial Real Estate Investing: Your Path to Market Success

Your guide to starting and thriving in Canadian commercial property investments

Apartment Building Investment: A Strategic Market Overview

Essential Insights and Practical Strategies for Building Your Multi-Family Portfolio

How to Rent an Office for Your Business in Canada

Learn About the Costs, Types of Office Spaces, and Key Considerations for Leasing the Ideal Commercial Space

Understanding Common Area Maintenance (CAM) Charges

Grasping Common Area Maintenance (CAM) Fees for Better Commercial Real Estate Decisions

How to Buy Land: From Raw to Ready for Development

Understanding Land Types and Purchase Requirements for Property Investment

REIT Investment Strategies: Building Real Estate Wealth

Understanding Investment Trusts and Creating Your Portfolio Strategy

Hostels for Sale in Fernie

View All Available Listings

How many hostels are available for sale in Fernie?

There are currently 1 hostels available for sale in Fernie, offering a unique opportunity for businesses to establish a presence.

How big are the hostels available for sale in Fernie?

The average size of hostels available for sale in Fernie is about 12,000 SF. The largest hostels available to buy is 12,000 SF and the smallest is 12,000 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for hostels in Fernie?

The average market cap rate for hostels for sale is about 9.28% based on data provided in Fernie. Learn more about how cap rates are calculated.

Nearby Cities

Other Property Types

Fernie Hostels
View more
View less

Fernie Hotels
View more
View less

Hostel for Sale in Fernie