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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
HOA Y/N No
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
County 0191
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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- Everything New in Cochrane
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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.
