5505 Highway 12 W, Coronation, AB T0C 1C0
5505 Highway 12 W, Coronation, AB T0C 1C0
5505 Highway 12 W, Coronation, AB T0C 1C0
5505 Highway 12 W, Coronation, AB T0C 1C0
5505 Highway 12 W, Coronation, AB T0C 1C0
5505 Highway 12 W, Coronation, AB T0C 1C0
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Justin Newman

Justin Newman

+1(403) 668-1272
$ 790,000
Est. payment | /mo

15,710 SqFt

Save
$ 790,000
Est. payment | /mo
Save

15,710 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 15,710 sqft

Price per Sqft $50

MLS Listing ID A2274647

Year Built 1975

Lot Size 5.500 Acres

Acres 5.5

Property Sub-Type Hotel/Motel

Property Description

CORONATION MOTEL - Located in the heart of Alberta's active energy and agricultural corridor,the Coronation Motel offers strong year-round demand from oil & gas workers,pipeline crews,and regional agricultural operations. Built in 1975 and situated on a generous 5.5-acre lot with excellent Hwy 12 exposure,this 41-room property provides ample parking for trucks and long-term crews. The motel operates 38 rooms,including several kitchenette units ideal for extended-stay guests,plus an owner's residence for added convenience. With steady industrial activity in the region,the business maintains consistent occupancy and reliable revenue. Recent improvements enhance operational efficiency,and the large site offers future expansion potential. Priced at $880,000,this exceptional opportunity delivers strong value and attractive cap-rate potential for both owner-operators and investors seeking stable cash flow in a proven Alberta market. ROOMS/BUILDINGS SUMMARY - The Coronation Motel comprises a total of 41 rooms,with 38 rooms currently in operation. The room mix includes 3 single-bed kitchenette rooms,5 double-bed kitchenette rooms,and 2 suite-style kitchenette rooms. In addition,2 rooms are currently under renovation,and 1 room is used for storage. The property is situated on approximately 5.5 acres of land and includes 2 motel buildings as well as 1 owner's residence. All guest rooms are equipped with air conditioning,a refrigerator,microwave,television,and Shaw cable service,with individually controlled heating provided via in-room thermostats.

Location

Province AB

Zoning C

Direction W

Interior

Inclusions Motel business (DBA: Coronation Motel), all furniture, furnishings, appliances, and equipment used in the operation of the motel

Fireplace No

Exterior

Garage No

Building

Dwelling Type Hotel/Motel

Others

Restrictions Call Lister

Listed by Grand Realty

LOCATION AND NEARBY PROPERTIES

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5505 Highway 12 W

NEWLY LISTED IN THE CALGARY AREA

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Justin Newman

Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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REVIEWS

https://cdn.chime.me/image/fs/sitebuild/2022815/3/original_4f84e7d0-9456-495c-a45d-02ade0b6fb37.png

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.

https://lh3.googleusercontent.com/a-/ALV-UjWbncOcnTFQQfh4M9UJKwsb_VAhaiwJAF6tu6GklaFJj7m5IG1L=s120-c-rp-mo-ba12-br100 Gyann Yiu

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