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Nick Penney
info@nickpenney.com$589,000
Est. payment /mo
15,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $39
MLS® Listing ID A2195781
Originating Board Calgary Real Estate Board
Year Built 2008
Lot Size 4.000 Acres
Acres 174240.0
Property Sub-Type Freehold
Property Description
Located 150 minutes NORTH from downtown Edmonton, this motel consists of 37 units (rooms), including 4 units used as owner's suite and storage space. The well-maintained building was built in 2008 and is approx.15,000 sq.ft on approx. 4 acres. Each unit consists of 14 single rooms and 22 double rooms. There are additional 5 separate spaces used as offices, laundry, garage, and maintenance rooms, and the motel is equipped with 8 industrial water heaters and in-floor heating system. All room refrigerators/ microwaves have been recently replaced and many repairs and maintenance/cleaning have been done. The motel is located on the highway leading to the oil fields, has no competition within 70-120 km, and is visited by many crews, hunters, fishermen, and tourists due to the provincial parks and oil fields nearby. The motel also has a fully equipped restaurant with 8 tables, fire suppression system, and walk-in coolers to serve motel guests and local residents. (* Restaurant is temporarily closed) Experience in the motel and restaurant business is an asset to further enhance the business. This is a great opportunity for anyone looking for a motel business with great potential as the building is young and there is no competition, so don't miss out. Business with property for sale. The listing price is based mainly on the value of the land and the building only. Thank you. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, , , In Floor Heating
Cooling None
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
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Listed by Grand Realty
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Nick Penney