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$ 1,190,000
Est. payment | /mo
5,500 SqFt
$ 1,190,000
Est. payment | /mo
5,500 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $216
MLS Listing ID A2159933
Year Built 1991
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Hotel/Motel
Property Description
-Motel rooms are lease to long term tenants of $850 per a month.
-Room and roof of motel were renovated in 5 years ago.
-Only Bar in town with 5 VLTs.
-Liquor sales is $400,000 with 22~24% margin.
-New owner can run the local popular restaurant business or lease it.
-3,500 population with schools, hospital, grocery store, etc.
-1.5 hours from Calgary, 2.5 hours from Edmonton.
-Room and roof of motel were renovated in 5 years ago.
-Only Bar in town with 5 VLTs.
-Liquor sales is $400,000 with 22~24% margin.
-New owner can run the local popular restaurant business or lease it.
-3,500 population with schools, hospital, grocery store, etc.
-1.5 hours from Calgary, 2.5 hours from Edmonton.
Location
Province AB
Zoning CB
Interior
Inclusions The Equipment (Chattel) List is TBD.
Fireplace No
Exterior
Garage No
Building
Dwelling Type Hotel/Motel
Others
Restrictions None Known
Listed by RE/MAX Complete Realty
FEATURED AREAS
NEWLY LISTED IN THE CALGARY AREA
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REVIEWS
Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.
