$9,500,000
112 12 Avenue SW Slave Lake, AB T0G2A0
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Nick Penney
info@nickpenney.com
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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Nick Penney
info@nickpenney.com$9,500,000
Est. payment /mo
42,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 42,500 sqft
Price per Sqft $223
MLS® Listing ID A2172972
Originating Board Calgary Real Estate Board
Year Built 2008
Lot Size 2.420 Acres
Acres 105415.2
Property Description
Three story limit service 89 room wood frame hotel that used to be NOVA Hotel and converted as Big Lake Inn from 2012 . . Slave Lake has the third largest population base of any Alberta municipality north of Edmonton. Its economy has been driven throughout the past three decades by the Oil& Gas and Forest industries. In a continuing effort to diversify the economy, Slave Lake is encouraging increases in the tourism, manufacturing, and value-added sectors. In addition, Slave Lake is further evolving into an even greater regional service centre, with additional retail, education, health, financial, government, and transportation services. Enterprising men and women recognize the almost unlimited potential for growth and spin-off business in the primary industries of petroleum and forestry, along with burgeoning activity in tourism. REVENUE(Yearend December 31 ) 2022 : $1,975,869, 2023 : $2,856,40, 2024 till September: $2,040,349 NET OPERATING INCOME 2022: $931,975, 2023: $1,641,247 (id:24570)
Location
Province AB
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
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Listed by MaxWell Canyon Creek
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Nick Penney