(Posted on Jun 8, 2016 at 06:58PM by Michelle Bogle)
Investors looking to break into Squamish’s growing market, take note!
The Hotel Squamish with liquor store and restaurant is available as an exclusive hospitality offering in the heart of the downtown area.
Â
Located at 37991 Second Avenue, this property offers a limited service 24-room hotel, a fully licensed 3,000 sq. ft. retail liquor store and a newly leased upscale restaurant business.
The land and zoning also offers future redevelopment potential for up to six stories of hotel, commercial or residential opportunities.Â
Â
Listed at $4,600,000, this property offers exciting growth potential, especially since the town is amidst a renaissance. Its midway location between Vancouver and Whistler, with convenient access from the improved Sea-to-Sky highway, make it a great investment.Â
As the town and surrounding areas continue to grow, tourism, industry and residential pressure will continue to increase demand within Squamish. Currently, Whistler Blackcomb is undergoing a massive $345 million modernization and the Woodfibre $1.6-billion liquefied natural gas plant also received the Ministry of Environment’s official go ahead.Â
This property represents a great opportunity for investors to enter the market as Squamish is poised for expansion.
For more information on this exclusive listing or to stay abreast of commercial real estate activity in Squamish, please contact David C. Fox, our Sea-to-Sky Corridor expert, for details.