115 2 ST SE, Vulcan, AB T0L 2B0
115 2 ST SE, Vulcan, AB T0L 2B0
115 2 ST SE, Vulcan, AB T0L 2B0
115 2 ST SE, Vulcan, AB T0L 2B0
115 2 ST SE, Vulcan, AB T0L 2B0
115 2 ST SE, Vulcan, AB T0L 2B0
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Justin Newman

Justin Newman

+1(403) 668-1272
$ 1,290,000
Est. payment | /mo

8,213 SqFt

Save
$ 1,290,000
Est. payment | /mo
Save

8,213 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 8,213 sqft

Price per Sqft $157

MLS Listing ID A2275330

Year Built 1974

Property Sub-Type Hotel/Motel

Property Description

A well-maintained,one of few motels nestled in the hub of construction sites for solar power,wind turbine and oil related industry. Very good revenue. The average revenue for four years is $370,000. (2025: $481,000,2024: $379,000,2023: $291,000,2021: $320,000. Year end is March.) Larger part of customers stay on monthly or weekly basis for the construction. The 24-key count is an ideal size for easy managing of a first-time motel buyer looking stable revenue with low purchasing budget. 13 rooms are an apartment style,a separate living area with kitchenette and a bedroom. All rooms have its own outside doors for the customer's easy access directly to the rooms. This property includes a spacious two-bedroom residence for owners or managers. There are only two hotels in the town. It is room only and very easy operation.

Location

Province AB

County 0334

Zoning C3

Direction SE

Interior

Fireplace No

Exterior

Garage No

Building

Dwelling Type Hotel/Motel

Others

Restrictions None Known

Listed by CIR Realty

LOCATION AND NEARBY PROPERTIES

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115 2 ST SE

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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

My husband and I recently purchased a home in Airdrie with Justin Newman and couldn't be happier with our experience! He guided us through the whole process, was incredibly helpful in answering questions, and went above and beyond to make sure the whole process was stress free and seamless. He was always available for phone calls and helped us navigate every aspect of the purchase (showings, home inspection, condo doc read, lawyers etc.). We highly recommend Happy House Hunting and Justin for a realtor in the Calgary area and will definitely be using him again!

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