36,000 sqft
$1,950,000
Positioned in the heart of Alberta’s thriving Peace Country, this well-established 61-room full-service hotel offers an exceptional investment opportunity in one of Northern Alberta’s key service and resource-based communities. Strategically located directly on busy Highway 43, part of the CANAMEX trade corridor connecting Edmonton, Grande Prairie, British Columbia, and Alaska, the property benefits from outstanding year-round visibility, easy access, and consistent commercial traffic. Features include 56 guest rooms, 5 suites, lounge with VLTs, ample on-site parking, and approximately 2.45 acres of Highway Commercial land. The on-site restaurant is fully leased, providing additional rental income. Major capital improvements completed in 2015 include electrical upgrades, packaged air-conditioning units, partial room renovations, and exterior improvements. Valleyview serves as a major regional hub supporting oil & gas, forestry, agriculture, tourism, and transportation sectors, making this an excellent opportunity to acquire an established hospitality asset in Alberta’s Peace Country. (id:63476)
Business
|
Business Type
|
Accommodation |
|
Business Sub Type
|
Hotel/motel |
Property Details
|
MLS® Number
|
A2306774 |
|
Property Type
|
Business |
|
Plan
|
5430ks |
Building
|
Constructed Date
|
2015 |
|
Size Exterior
|
36000 Sqft |
|
Size Interior
|
36,000 Sqft |
|
Total Finished Area
|
36000 Sqft |
Land
|
Acreage
|
No |
|
Size Total Text
|
Unknown |
|
Zoning Description
|
Hwy Commercial |