BC HOTEL FOR SALE, BC MOTEL FOR SALE, BC INN FOR SALE

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272 Wallace Street
Hope & Area Hope V0X 1L0

$1,550,000
Business with Property

Multi-story commercial building with a prominent corner location
Photo 1: 272 Wallace Street: Hope Business with Property for sale (Hope & Area)  : MLS®# C8080284
Photo 2: 272 Wallace Street: Hope Business with Property for sale (Hope & Area)  : MLS®# C8080284
Photo 3: 272 Wallace Street: Hope Business with Property for sale (Hope & Area)  : MLS®# C8080284
Photo 4: 272 Wallace Street: Hope Business with Property for sale (Hope & Area)  : MLS®# C8080284
Photo 5: 272 Wallace Street: Hope Business with Property for sale (Hope & Area)  : MLS®# C8080284
Photo 6: 272 Wallace Street: Hope Business with Property for sale (Hope & Area)  : MLS®# C8080284
Photo 7: 272 Wallace Street: Hope Business with Property for sale (Hope & Area)  : MLS®# C8080284
Photo 8: 272 Wallace Street: Hope Business with Property for sale (Hope & Area)  : MLS®# C8080284
Status:
Active
Prop. Type:
Business with Property
MLS® Num:
C8080284
Bus Major:
Travel
Build. Type:
Freestanding
Rare opportunity to own a landmark property in the city center of Hope. The Hope Motor Motel has is a 3 level building with restaurant & bar set up, and it's ready for your new idea. The adjacent liquor store business with property is potentially available for purchase together. The property is zoned for CBD-Downtown Commercial with flexible zoning use. Future Potential for Retail on main, Motel or residential units on top. Hope is experiencing high growth, seize this strategic location now for your future business endeavors.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Business with Property
Commercial Type:
Accommodation Travel & Tourism
Business Name:
Hope Motor Motel
Business Type:
Travel, Hotel/Motel
Construction:
Frame Wood
Building Type:
Freestanding, Low Rise (2-4 storeys), Mixed Use
Year built:
1960 (Age: 66)
Living Area:
18,233 sq. ft.
Lot Area:
16,117.2 sq. ft.
Zoning:
Potential to Redevelop:
Mixed used building, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Env Assmt Comment:
Clean.
Parcel Number:
010532072
Taxes:
$0 / 2026
No
Yes
Water Rights:
No
Roof:
Potential to Redevelop:
Mixed used building, No
Env Assmt Phase:
Yes
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 272 Wallace Street: Hope Business with Property for sale (Hope & Area)  : MLS®# C8080284
    Multi-story commercial building with a prominent corner location
  • Photo 2: 272 Wallace Street: Hope Business with Property for sale (Hope & Area)  : MLS®# C8080284
    Commercial property featuring a multi-story structure with a blue facade, prominent signage, and a ground-floor retail space
  • Photo 3: 272 Wallace Street: Hope Business with Property for sale (Hope & Area)  : MLS®# C8080284
    Three-story commercial building featuring horizontal siding and a prominent blue roof trim
  • Photo 4: 272 Wallace Street: Hope Business with Property for sale (Hope & Area)  : MLS®# C8080284
    Aerial Map. Illustrating the property boundaries and surrounding structures
  • Photo 5: 272 Wallace Street: Hope Business with Property for sale (Hope & Area)  : MLS®# C8080284
    Image quality insufficient for description
  • Photo 6: 272 Wallace Street: Hope Business with Property for sale (Hope & Area)  : MLS®# C8080284
    Image quality insufficient for description
  • Photo 7: 272 Wallace Street: Hope Business with Property for sale (Hope & Area)  : MLS®# C8080284
    Two-story commercial building featuring a prominent vertical "HOTEL" sign, a blue awning spanning the ground level, and a visible exterior staircase
  • Photo 8: 272 Wallace Street: Hope Business with Property for sale (Hope & Area)  : MLS®# C8080284
    Commercial building with multi-story hotel and ground-level retail/pub space
Listed by RE/MAX City Realty
Data was last updated July 12, 2026 at 02:40 PM (UTC)
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