Powell River Hotel for sale: (Listed 2012-08-28)

Overview

The Marine Inn, Powell River, BC

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SOLD
  • Sold on 2014-08-05
  • Property AddressThe Marine Inn, Powell River, BC, Canada
  • TypeHotel

The Marine Inn, Powell River, BC, Canada

Description

20,000 sf hotel located along the waterfront directly above BC Ferries terminal to Vancouver Island, the ideal location to service tourists and travellers. Includes 23 hotel rooms, 150 seat ocean view restaurant, 125 seat banquet room and large commercial kitchen.




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 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.

Location : 4429 Marine Avenue. Situated near the waterfront in Central Westview in Powell River.
Access : 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.
Improvements : Approximately 20,000 square foot commercial structure.
Investment Features : As they say: “Location, location, location”.
Services : Fully serviced via municipal servicing
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.
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.

The world needs more Powell Rivers

Vancouver is seen as a resort for the wealthy, but coastal towns offer affordable family homes and community spirit

By Mike Robinson, Vancouver Sun July 5, 2012

For the last three years I have been conducting an experiment in living: Four days of the week I have toiled in the inner city and three days per week I have dwelt in the outer country. Paradoxically perhaps, I have walked to work in the city, and driven to work in the country. Given that two-ferry commuting takes about half a day each way, I have really spent a day in motion each week. The net effect is that I have evolved two distinct personas: a chi-chi inner city, seawall striding, Whole Foods shopping, cultural flaneur; and a bush-based, sledge and wedge-wielding log splitter who shops at the Saturday open-air farmers market.

I am quite comfortable with each persona, but increasingly one side is replacing the other. Given the choice, I am becoming an upcoast boy and tiring of stackhouse living in the condo ghetto. While I have been marketed to like downtown Vancouver, I have fallen in love with Powell River.

I can now tell you exactly where the divide between town and country lies. The Powell River green line is drawn north-south at Earls Cove, the second BC Ferries terminal on my weekly commute. Here the chronic car congestion of Horseshoe Bay gives way to tailgate parties on the tarmac, as the Powell Riverites gather to await the MV Island Sky's arrival from Sal-tery Bay. The thousands of commuters seeking Gibsons Landing, Roberts Creek, Sechelt and Pender Harbour have now been winnowed down to fewer than a hundred.

On Friday nights, there are often sports teams coming home, residents returning from a town trip, and a few of the urban diaspora finding their way back to the forest. People are laughing and calling each other by their first names; a few beers are being joyfully consumed, truck and car doors are left open, music is playing, and the kayak tourists are opening Desolation Sound maps on their car hoods and asking for local advice.

The realization that you are among those who choose to view the two-ferry trip home as an advantage is liberating. What a difference that extra boat makes. It separates the commuters from the locals. It separates the cottage coast from the working coast. It separates the people who get their firewood delivered from those who cut it themselves.

As I drove up-coast one recent Fri-day I was mulling over the results of the Vancouver Foundation's recently published Connections and Engagement report, documenting a phone and online survey of 3,841 Metro Vancouver residents about the quality of life in their city. While the study concluded the city was convivial, a majority of 25-to-34-year-old respondents agreed that Vancouver is a resort for the wealthy with too much foreign real estate ownership. Half of the respondents also reported that it was hard to make new friends, and 65 per cent reported that they preferred people of their own ethnicity. Economically, 30 per cent of respondents were just getting by, and 15 per cent reported financial difficulty.

Faced with Vancouver's obscenely expensive real estate and disengaged reality, why not choose a smaller town? Why begin life with a $500,000 mortgage on 700 square feet of Gyproc with granite counters? In Powell River, that kind of money will get you a house on the beach. Why tough it out in a community where major theatre companies go bankrupt, when you could revel in Powell River's International Choral Kathaumixw, a five-day choral festival (recently concluded) that offers community-wide concerts, common song singing, choral and vocal competitions and conductors seminars? Up to 40 choirs from around the world attend, and most are billeted in local homes. Kathaumixw (pronounced Ka-thou-mew), a Coast Salish word for a gathering of different peoples, involves grassroots organization at the community level, and carries for-ward the spirit of barn raisings, pot-lucks and pitching-in of an earlier era in British Columbia. Kathaumixw is exactly what Vancouver lacks: cultural engagement. Powell River is also exactly what Vancouver lacks: affordable family real estate. Thinking broadly, coastal small towns are a logical alternative to the metropolis. They demand an entrepreneurial approach to work, which is a strength. They favour and reward those who have skills that are needed locally, and they also permit local residency with a consulting practice in both national and global markets. Eventually they welcome the gradual phasing-in of retirement options along with com-munity engagement.

Coastal small towns provide social, environmental, cultural and economic opportunities to raise a family in a supportive environment. They teach self-reliance and community responsibility in a different way than big cities. Arguably, they build citizens who have the social skills to work well with neighbours, and the competitive responsibilities associated with successful entrepreneurship. While we are occasionally told that the world needs more Canadas, I increasingly think that what the world really needs is more Powell Rivers.

Mike Robinson is a Canadian NGO leader, who brings an environmental and cultural perspective to current affairs. Troy Media

The Vancouver Sun

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.

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.
Zoning : Commercial
Legal : LOT C, BLOCK 5, DISTRICT LOT 5122, PLAN 8582
PID: 010-003-622
Taxes : $19,502.00 (2010)
Listing # : 12269

Disclaimer:

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