V0B Hostels for Sale

Commercial Real Estate in V0B available for sale

V0B 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

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Hostels for Sale in V0B

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How many hostels are available for sale in V0B?

There are currently 1 hostels available for sale in V0B, offering a unique opportunity for businesses to establish a presence.

How big are the hostels available for sale in V0B?

The average size of hostels available for sale in Sparwood 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 V0B?

The average market cap rate for hostels for sale is about 9.28% based on data provided in V0B. Learn more about how cap rates are calculated.

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