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! (id:2493)
Data was last updated April 28, 2025 at 06:20 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$289,000
Min list price:
$149,000
Max list price:
$1,390,000
Avg days on market:
207
Min days on market:
3
Max days on market:
825
These statistics are generated based on the current listing's property type
and located in
Trail. Average values are
derived using median calculations.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.