1/2396 4 Avenue SW, Nakusp
96 4 Avenue SW, Nakusp, BC V0G1R0
$1.9M total
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Asset Class
Hospitality
Size
—
Building class
B
Zoning
CB2 — Central Business
$ / SF
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Occupancy
82%
Year Built
1901
Lot Size
0.39 ac
About this property
The Leland Hotel is one of British Columbia's oldest continuously operating hotels — a recognized heritage property situated in the heart of Nakusp, overlooking Upper Arrow Lake. Established circa 1900 and listed on the BC Register of Historic Places, the three-storey wood-frame building is a landmark presence in the community and a genuine legacy asset. The business operates across 21 hotel rooms, a licensed pub, a full-service restaurant, KENO and LOTTO terminals, retail, and off-sales — a well-diversified hospitality operation with diversified income streams Nakusp draws year-round visitors for its internationally known hot springs, Arrow Lakes waterfront, and four-season outdoor recreation. With limited accommodation supply and strong regional demand, the Leland Hotel occupies a defensible market position that cannot be replicated. This is a unique opportunity in one of BC's most beautiful areas with plenty of outdoor activities including hot springs! Please call your agent and get the details! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$9K
Projected NOI
$98K
Annual cash flow
$-7K
Cash-on-cash
-1.22%
DSCR
0.93
Going-in cap
5.18%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
96,118
Households
33,496
Median income
$93,000
Median age
31.2
Daytime population
101,325
5-yr growth
6.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 96 4 Avenue SW, Nakusp.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.