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The Marine InnPowell River, BC
Jamie [email protected]
1 (604) 483-1605
Jason [email protected]
1 (604) 414-5577
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“The Source” for Oceanfront, Lakefront, Islands, Ranches, Resorts & Land
in British Columbia
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The Marine InnPowell River, BC
PROPERTY DETAILS
Listing Number: 12269
Price: $899,000
Size: 0.25 of an acre
Zoning: Commercial
LOCATION
4429 Marine Avenue. Situated near the waterfront in Central Westview in Powell River.
DIRECTIONS
As the crow flies, Powell River is 90 miles northwest of Vancouver.
Powell River can be accessed 25 minutes by air from Vancouver International Airport`s South terminal on daily regular scheduled direct flights.
By car, 2 ferries from Vancouver within 4 1/2 hours.
From Vancouver Island by car, 1 ferry within 1 hour 15 minutes.
The Marine Inn is directly above the Westview Ferry terminal to Vancouver Island in Downtown Powell River.
DESCRIPTION
This offering is a fantastic opportunity! The Marine Inn is located in the most sought after areas within Powell River’s tourism district. It is adjacent to
BC Ferries Westview Ferry terminal and newly renovated and revitalized oceanfront marina and sea walk. Foot passengers can walk directly off of B.C. Ferries right into the front door of the Inn. This is a great space in the best location to cater to the captive audience at your door step.
The Marine Inn is a 20,000 square foot commercial structure overlooking the marina. It includes 23 hotel room units, 150 seat ocean view restaurant, ocean view lounge/bar, 125 seat banquet room and a spacious commercial kitchen.
There have been recent upgrades to the restaurant, lounge and some of the hotel rooms. There was a new roof put on the structure last year. The restaurant is one of the most popular breakfast and lunch spots in Powell River. Not only does it have a modern dining room it includes a well-kept vintage diner at the entrance to the restaurant. The booths in the diner are always full. This is the perfect opportunity to either continue with operations or add your own culinary creativity.
The lounge is a very cozy and intimate space that the current owners are only using for special occasions. We feel there is demand for the lounge to be operated full time adding to the revenue. The town is in need of such a place.
The bar or banquet room in the ground floor of the Inn is only being used once in a while as well. This is the ideal space for various different business models. It is the perfect space for weddings or other catered events. Alternatively this space could also be converted into retail.
This would be perfect for a family operation in its
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current use. It is also well suited as a redevelopment opportunity, or a combination of both. Options are plenty. Given the aggressive asking price it is definitely worth coming and viewing. Call Jason or Jamie to arrange your viewing today.
AREA DATA
One of the best ways to explain the region is to simply look at a map or use Google Earth. It is a region that fronts onto the vast Pacific Ocean however, in these parts there is shelter from the open ocean due to the abundance of Inlets and Gulf Islands off its coast. It is no wonder why yachts from California make their way to Desolation Sound annually. It’s because the coast line really doesn’t become interesting until you start to hit the Southern tip of Vancouver Island, and as you work your way further North up the Sunshine Coast the islands become more plentiful and the scenery is that much more spectacular.
The town of Powell River is built along the ocean with a south west exposure to the sun. The view out over the ocean as the sun sets will never get old. The sun, the ocean is what fronts the town but what backs the town is equally as impressive.
The towering Coastal Mountain range with snow capped peaks surrounded by fresh water lakes is not only an incredible resource but has an incredible recreational benefit for all. These lakes and mountains are easily accessible by forest service roads. I do not believe there is another coastal community in British Columbia with such an abundant supply of fresh water as there is in the upper sunshine coast region surrounding the community of Powell River.
The town with a population base of roughly 18,000 people is truly a community at heart. With great people, infrastructure, services and amenities for all ages. Recently there was an article published in the Vancouver Sun which I would like to share. It
gives you a really good sense of the culture.
RECREATION
Powell River boasts one of Canada’s most temperate climates, is a land of sparkling lakes, hidden inlets, rustic islands, crystal-clear ocean waters and rugged mountains. This region is a haven for outdoor pursuits that include diving, swimming and kayaking (in world-renowned Desolation Sound), as well as hiking, mountain biking and rock climbing.
There are an abundance of provincial and regional parks to choose from in the Powell River area. The area’s crown jewel, Desolation Sound Marine Provincial Park is accessible by air or water only. This spectacular park is internationally renowned for its crystal-clear cruising and kayaking waters as well as numerous islands, bays and coves. Visitors share the area with whales, sea lions, seals, porpoises and dolphins.
HISTORY
For thousands of years before the coming of Europeans, the Sliammon First Nation inhabited the upper Sunshine Coast, occupying traditional lands that covered 400 sq km/154sq mi. Part of the larger Coast Salish people, they engaged in fishing, hunting, and trade, and were noted for their totem poles, cedar canoes, and unique language.
Powell River was named after Dr. Israel Wood Powell, British Columbia’s first superintendent of Indian Affairs (1872-89). He had originally come to BC in 1872 during the Cariboo gold rush and was instrumental in bringing British Columbia into Confederation. In 1881, Powell was traveling up the BC coast in a ship named the Rocket, and when a short river draining a large lake was spotted on the coastline, it was decided that the site would be named in his honour. Hence, Powell River, and Powell Lake.
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The establishment of logging camps in the Powell River area in the 1880s was a precursor to greater economic things. Powell River became a regular stop for the ships of the Union Steamship Company. Between 1910 and 1912, a pulp and paper mill was built on the waterfront by the Brooks, Scanlon and O’Brien Company. After purchasing the pulp lease owned by the Canadian Industrial Company and the water rights of Powell Lake from the Pacific Coast Power Company, the Powell River Paper Company was formed in 1909 by Brooks and Scanlon. In 1910, the company was renamed the Powell River Company. The first roll of saleable newsprint went off Number One paper machine in April 1912. By 1930, the mill employed more than 2,000 workers, and had become the largest newsprint mill in the world.
As the town grew and a need for expansion was realized an area called Westview began to be developed. Today Westview is the heart of Powell River. The Marine Hotel was the largest development for accommodation constructed around 1925 in the new part of town along the oceanfront.
INVESTMENT FEATURES
As they say: “Location, location, location”.
IMPROVEMENTS
Approximately 20,000 square foot commercial structure.
SERVICES
Fully serviced via municipal servicing
TAXES
$19,502.00 (2010)
LEGAL
LOT C, BLOCK 5, DISTRICT LOT 5122, PLAN 8582
PID: 010-003-622
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Notes_______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Our property descriptions and geographical information are taken from the BC Assessment Authority, Land Titles Office, government maps and other sources. While LandQuest® does not guarantee the information, we believe it to be accurate, but should not be relied upon without verification. This communication is not intended to cause or induce breach of an existing agency agreement.
“The Source” for Oceanfront, Lakefront, Islands, Ranches, Resorts & Land in British Columbia
www.landquest.com
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LandQuest® Realty Corporation101 - 313 Sixth Street
New Westminster, BC V3L 3A7
Phone: (604) 664-7630 Fax: (604) 516-6504Toll Free: 1-866-558-5263 (LAND)
Jamie ZrobackRepresentative
[email protected] (604) 483-1605
Jason Zroback
1 (604) 414-5577