CHASE COMMERCIAL InvESTMEnT OppORTunITy

CHASE
COMMERCIAL
InvesTment
Opportunity
VILLAGE OF CHASE, BRITISH COLUMBIA, CANADA
This fantastic accommodation-based
investment opportunity is a 21 unit motel
business and a leased restaurant in the quaint
lake shore community of Chase, B.C. Located
along the Trans Canada Highway, this is an
ideal accommodation opportunity for those
seeking to invest in the Thompson-Nicola
region of B.C. and its growing tourism sector.
British Columbia has one of
the most attractive investment
climates for business in North
America.
Manufacturers, for example, enjoy
benefits such as:
• Strong economic fundamentals and market opportunities associated with
major, long-term projects.
• Low tax rates (personal and corporate)
that rank B.C. among the lowest in
Canada – complemented by sales tax
exemptions on machinery and tax
credits for research and development
expenditures.
• Competitive operating costs including
low cost electricity relative to
elsewhere in Canada or the US.
• Competitive wage rates reflecting a
balanced and growing labour pool.
• Growing labour supply with
government initiatives that are
driving labour mobility into B.C. and
training our existing workforce assets.
• Welcoming communities that keenly
encourage new manufacturing and
service investments.
Thompson-Nicola Regional District
300 - 465 Victoria Street
Kamloops, B.C. Canada
Phone: 250-377-8673
www.tnrd.ca
CHASE COMMERCIAL
INVESTMENT OPPORTUNITY
In addition to the motel business and restaurant lease, the property also
features a 3-4 bedroom residence and garden areas on a 1 plus acre parcel
of land - offering an ideal combination of business and pleasure. In total,
the property features 21 motel units, 4 kitchen units and 3-4 bedrooms.
The property is ideally situated in the community of Chase so as to provide
easy access to visitors coming off of the Trans Canada Highway and from the
Village of Chase’s downtown core.
The strategic location of this investment opportunity, in combination with
the region’s growing tourism sector and geo-caching program, is likely to
provide a significant advantage in attracting visitors and providing a high
return on investment.
PROPERTY INFORMATION
Legal Description:
Site Address:
L 1 PL KAP61595 DL 517
576 Coburn Street, Chase, B.C. V0E 1M1
Zoning:
C-4 (Highway Commercial)
Developed Land:
1.1 acres
Kamloops
FINANCIAL INFORMATION
Ownership: Private
Asking Price:$998,000
Vancouver
ABOUT
Terms:Sale
Listed by Realtor:Yes
Total Assessed Value:$839,900
INDUSTRIAL SERVICES AT SITE
BC Hydro infrastructure has the capacity to serve
Electrical Service: industrial loads of 5,000 kW or more. Both 3-phase
and single phase power are available on site.
Heating Fuel: Fortis BC provides heating fuel to the Village of Chase.
The Village of Chase is the local water supplier.
Fresh Water Supply: The property has a connection to the municipal
water system.
On-Site The Village of Chase is the local water supplier
Wastwater Treatment: The property has a connection to the municipal
water system.
TRANSPORTATION AND SHIPPING
Airport:
The Kamloops Airport is located only 57
kilometres from the Village of Chase.
Highway:
The Village of Chase is located directly adjacent
to Highway 1, the Trans-Canada Highway.
The Village of Chase, located in the
interior of B.C., Canada, is a vibrant
and progressive community with
small town charm and the amenities
of a city. The quality of life in the
lakeshore community of Chase is
unparalleled with its variety of
housing opportunities, retail and
commercial businesses, recreational,
health care and educational
facilities. Currently, the forest,
tourism and ranching industries
form a strong, diversified economic
base for the community.
www.chasebc.ca
Larry Berisoff
Real Estate Agent, Syber Realty
201 - 1449 St. Paul Street,
Kelowna, British Columbia,
Canada, V1Y 2E5
Phone: 1-250-862-8100
Email: email@syberrealty.com
www.syberrealty.com
Joni Heinrich
Chief Administrative Officer
Village of Chase
Box 440, 826 Okanagan Avenue,
Chase, British Columbia,
Canada, V0E 1M0
Phone: 1-250-679-3238
Email: cao@chasebc.ca
www.chasebc.ca
www.chasebc.ca