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650 Kuldo Blvd Kitimat

$ 1,950,000

Description:
This is a wonderful Multi-family development property in the heart of Kitimat, northern B.C. The lot features two buildings, which includes the North Star Inn.

The North Star Inn complex is comprised of two buildings situated side by side on a large property, consisting of two lots. The site has great potential for redevelopment. The smaller building (building # 1) is a traditional style, two story walk up motel with 16 rooms. This building is in reasonably good condition and is currently being rented out. The other building (building # 2) is a 3 story walk up style building with a full basement. This property, with its “dorm room” configuration, consists of 47 sleeping rooms, each containing a sink and vanity. There are 24 individual bathrooms, each containing a toilet and shower. This building is unoccupied and is part way through renovations. Part of the main floor was once a commercial kitchen with dining room. The basement level once housed a pub and games room and is currently used as storage.

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