The riverfront Yellow Cedar Lodge, which has 30 acres and 12 suites, sold at the full list price of $2.5 million, report Klein Group and Royal LePage.
Breakdown:
Property type: Hotel
Location: 13594 Highway 16, Terrace, B.C.
Number of units: 12
Size of property: 10,000 square feet
Size of land: 30 acres
Zoning: Seasonal resort
BC Assessment value: $1.17 million
List price: $2.5 million
Sale price: $2.5 million
Date of sale: March 31, 2020
Brokerage: Klein Group, Royal LePage, Vancouver
Broker: Eugen Klein
