River-frontage, Naismith Inn Heritage House 312 Lillooet Avenue Harrison Hot Springs ( British Columbia, CA - V0M 1K0) Built

$1,749,000
Development or legal AirB&B Opportunity!

RE/MAX NYDA REALTY INC

Clark Hitchcock SRES Clark Hitchcock SRES 604-858-7179 (Office) 604-798-0833 (Cell) Request More Info

  • 40 Units possible!
  • Type: Commercial
  • Style: Commercial "Inn/ Multifamily"
  • Size: 36,000 sq. ft.
  • Suite: Yes
  • Taxes: $9,000.00 (2016)
  • MLS ® #: exclusive by 3A Marketing Group!

Description

40 Unit Development Opportunity!

This classic Inn is best known as the Naismith House after Colonel Andrew Naismith who was instrumental in the incorporation of the Village of Harrison Hot Springs. Located 90 minutes east of Vancouver, 45 minutes from the US border and only 30 minutes north of Chilliwack it is conveniently located in the Fraser Valley.

The Riverfront Property, approximately one acre in size, is zoned C3 with development potential for 40 units.

The C3 Zoning Bylaw allows a maximum of 40 units per acre fitting nicely on this riverfront property. Lot coverage requirements allow for 100% coverage with zero setbacks. Onsite parking requirements is set at 1 space per unit and the FAR is set at 1.5. The 1.5 allows a developer to build up.  
Located in the downtown core this property also has the potential for rezoning.

The current use is a long-time and highly successful Vacation Rental. One of the few legal Vacation Accommodation Rentals (AirBnB) in Harrison it offers the following:

A Main House, which now serves as the Owners Residence and was once the area’s historical Court Room.

The property, which borders on the Miami River, is operating as a Heritage Inn Vacation Rental (AirBnB) operation. Over the years several upgrades and accommodations have been added. There are 3 Guest Suites in the main house, one currently used for guest reception, one as a luxurious guest suite and one for the owner’s private use. Existing private entries allow these units to return to their original use as guest suites if so desired. There are also 4 beautiful cottages including a modern duplex housing two modern cottages, one large renovated cottage and one smaller cabin.







Best known for their attention to detail, this property is renowned for its cleanliness, warm hospitality and location to the local shops and restaurants. It boasts a large repeat clientele. The Naismith Inn & Heritage House brand is known internationally and has accommodated guests from around the world since 1989.

It offers a great year-round income stream with redevelopment as the highest possible and best use for this location.



Attachments

Features

View

  • Panoramic
  • River View
  • Water Front
  • Water View

Cooling

  • Zoned
Brokered and Advertised by : Sutton Group West Coast Realty Harrison Hot Springs
P2#238160107
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Information is deemed to be correct but not guaranteed.

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