About This Property
The Leland Hotel is one of British Columbia's oldest continuously operating hotels — a recognized heritage property situated in the heart of Nakusp, overlooking Upper Arrow Lake. Established circa 1900 and listed on the BC Register of Historic Places, the three-storey wood-frame building is a landmark presence in the community and a genuine legacy asset. The business operates across 21 hotel rooms, a licensed pub, a full-service restaurant, KENO and LOTTO terminals, retail, and off-sales — a well-diversified hospitality operation with diversified income streams Nakusp draws year-round visitors for its internationally known hot springs, Arrow Lakes waterfront, and four-season outdoor recreation. With limited accommodation supply and strong regional demand, the Leland Hotel occupies a defensible market position that cannot be replicated. This is a unique opportunity in one of BC's most beautiful areas with plenty of outdoor activities including hot springs! Please call your agent and get the details! (id:64973)
At $1,890,000 for a property with no listed square footage, the Leland Hotel in Nakusp appears to be priced on the high end for the local market. However, its status as a historic, multi-use operation with a diverse revenue stream makes it an appealing acquisition for investors seeking a unique hospitality business with significant upside potential.
Property Details
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