764 ROSSLAND Avenue, Trail | $600,000

Don't miss this outstanding owner/operator opportunity in the heart of Trail! The Rex Hotel at 764 Rossland Avenue is a high-potential commercial property offering restaurant, bar, and rental income possibilities. Whether you???re looking to run a popular sports bar, a full-service restaurant, or a profitable hotel, this property is ready for its next chapter. The main floor features a lively sports bar with pool tables, darts, foosball, and shuffleboard, creating an inviting space where patrons can enjoy great food, drinks, and live sports on multiple TVs. The fully equipped commercial kitchen is ideal for an owner-run restaurant or pub, offering a strong foundation for success. The highly desirable liquor license is a golden opportunity allowing service from 9 AM to 3 AM, maximizing revenue potential. Upstairs, the 12 rental rooms, 1 suite, and 3 shared bathrooms generate strong cash flow, with six units currently occupied and room for expansion. Whether you continue operating it as a hotel, transform it into a hostel, or offer long-term rentals, the options are endless. Located in a high-traffic area, this property ensures consistent demand and multiple income streams. This prime investment is close to downtown and packed with opportunity???contact the Listing REALTOR® today for rental details and a private tour!

Description

Don't miss this outstanding owner/operator opportunity in the heart of Trail! The Rex Hotel at 764 Rossland Avenue is a high-potential commercial property offering restaurant, bar, and rental income possibilities. Whether you???re looking to run a popular sports bar, a full-service restaurant, or a profitable hotel, this property is ready for its next chapter. The main floor features a lively sports bar with pool tables, darts, foosball, and shuffleboard, creating an inviting space where patrons can enjoy great food, drinks, and live sports on multiple TVs. The fully equipped commercial kitchen is ideal for an owner-run restaurant or pub, offering a strong foundation for success. The highly desirable liquor license is a golden opportunity allowing service from 9 AM to 3 AM, maximizing revenue potential. Upstairs, the 12 rental rooms, 1 suite, and 3 shared bathrooms generate strong cash flow, with six units currently occupied and room for expansion. Whether you continue operating it as a hotel, transform it into a hostel, or offer long-term rentals, the options are endless. Located in a high-traffic area, this property ensures consistent demand and multiple income streams. This prime investment is close to downtown and packed with opportunity???contact the Listing REALTOR® today for rental details and a private tour!

General Info


MLS Listing ID: 10334735 Bedrooms: 0 Bathrooms: 0 Year Built: 1930
Parking: N/A Heating: No heat Lotsize: N/A Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .