10,340 ft2
$1,390,000
Fantastic opportunity to own & operate your own family-run business in Alberta. This 32-unit motel built in 2009, is a turnkey operation with income potential. Designed with long-term sustainability featuring insulated concrete construction, an 800-amp electrical system, hydronic in-floor heating, laminate flooring, Ceramic Tile Showers & Full A/C in every unit. Located on a 4.74-acre parcel zoned Highway Commercial, only 1.5 acres are currently developed, leaving Excellent potential to add a restaurant, lounge, or convenience store—ideal for involving family members in the day-to-day operations & expansion. Motel includes 16-1 bedroom & 16-2 bedroom units, no shared walls for maximum guest privacy. With 15 RV hookups, flexible rental options for daily, weekly, or monthly stays, certified appraisal & a strong 9% cap rate. This is an outstanding opportunity for families looking to build a lasting, profitable business. A rare chance to invest in your future and work side by side with those who matter most. (id:63476)
Business
|
Business Type |
Accommodation |
|
Business Sub Type |
Hotel/motel |
Property Details
|
MLS® Number |
A2272522 |
|
Property Type |
Business |
|
Parking Space Total |
40 |
|
Plan |
209ny |
Building
|
Constructed Date |
2009 |
|
Construction Material |
Wood Frame |
|
Exterior Finish |
Stucco |
|
Foundation Type |
None |
|
Heating Fuel |
Natural Gas |
|
Size Exterior |
10340 Sqft |
|
Size Interior |
10,340 Ft2 |
|
Total Finished Area |
10340 Sqft |
Land
|
Acreage |
No |
|
Size Irregular |
10340.00 |
|
Size Total |
10340 Sqft|7,251 - 10,889 Sqft |
|
Size Total Text |
10340 Sqft|7,251 - 10,889 Sqft |
|
Zoning Description |
70 |