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$ 599,000
Est. payment | /mo
$ 599,000
Est. payment | /mo
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Trail
MLS® Listing ID 10377862
Property Description
764 Rossland Avenue presents a rare opportunity to own a true Trail landmark. Known locally as The Rex Hotel, this high visibility property sits along one of the city's busiest corridors, connecting downtown Trail with Warfield and Rossland, delivering steady vehicle and pedestrian exposure. The main floor operates as a well known sports bar, complete with pool tables, darts, foosball, shuffleboard, multiple TVs, and a fully equipped commercial kitchen. The existing liquor licence permitting service from 9 AM to 3 AM creates significant revenue potential for an owner operator or investor looking to maximize income. Upstairs, the hotel component includes 12 rental rooms plus 1 self contained suite, supported by 3 shared bathrooms. With several units currently occupied, there is immediate cash flow in place along with opportunity to increase revenues through improved occupancy, updated finishes, or repositioning of the space. Originally constructed in 1930, this cornerstone commercial building offers character, history, and strong street presence in the heart of Trail. Whether you are looking to operate a hospitality business, expand your portfolio, or secure a strategic long term holding property in the West Kootenays, 764 Rossland Avenue is an opportunity worth exploring. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Interior
Heating No heat
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by RE/MAX All Pro Realty
Nearby Locations
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