13001 20 AVE, Blairmore, AB T0K 0E0
13001 20 AVE, Blairmore, AB T0K 0E0
13001 20 AVE, Blairmore, AB T0K 0E0
13001 20 AVE, Blairmore, AB T0K 0E0
13001 20 AVE, Blairmore, AB T0K 0E0
13001 20 AVE, Blairmore, AB T0K 0E0
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$ 1,299,000
Est. payment | /mo

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$ 1,299,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

MLS® Listing ID A2299557

Year Built 1915

Tax Year 2025

Property Sub-Type Hotel/Motel

Source Calgary

Property Description

Rare opportunity to acquire the Cosmopolitan Motel, a long-established hospitality landmark in the heart of Blairmore, Alberta, within the Municipality of Crowsnest Pass. Ideally situated along Highway 3, the gateway to the Canadian Rockies and British Columbia, this well-known property benefits from year-round tourism generated by skiing, hiking, mountain biking, fishing, ATV and snowmobile trails, and the area's growing outdoor recreation economy. This fully operational, three-storey hospitality property offers multiple revenue streams and has been consistently maintained and professionally operated, making it an excellent turnkey investment for experienced operators or investors seeking stable cash flow with significant upside potential. The motel features 17 guest rooms , offering a mix of standard and family accommodations, all with private bathrooms. In addition, there are 2 dedicated housekeeping/storage rooms, providing valuable operational support. A two-bedroom furnished manager's suite, complete with an in-suite washer and dryer, offers comfortable on-site accommodation for ownership or management. The property also includes a licensed restaurant with seating for approximately 65 guests and a popular tavern with capacity for approximately 122 patrons, complete with pool tables, an ATM, jukebox, and additional entertainment amenities. VLTs were previously in operation and may be reapplied for, subject to AGLC approval, providing an exceptional opportunity to further increase revenue. Recent capital improvements include: Roof replaced (2018); Boilers replaced (2019); New flooring throughout guest rooms and hallways (2020), New bar ice machine (2020), New beer cooler (2022); Investment Highlights, Established motel in the heart of Blairmore, Crowsnest Pass; 17 guest rooms plus 2 operational support rooms; Two-bedroom furnished manager's suite; Licensed restaurant and high-capacity tavern. The Cosmopolitan Motel represents an outstanding opportunity to acquire a recognizable hospitality business in one of Alberta's premier mountain tourism destinations. Whether expanding an existing hospitality portfolio or entering the lodging industry, this property offers immediate income, established operations, and considerable future growth potential. Please do not approach staff or ownership directly. Financial statements and additional information are available to qualified purchasers upon execution of a Confidentiality Agreement (NDA).

Location

Province AB

County Crowsnest Pass

Zoning CM-1

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Garbage Collection, Phone Connected, Sewer Connected, Water Connected

Total Parking Spaces 13

Others

Restrictions Easement Registered On Title,Historic Site

Tax ID 56227316

Ownership Private

Listed by Century 21 Bravo Realty

LOCATION AND NEARBY PROPERTIES

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13001 20 AVE

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Justin Newman

Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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REVIEWS

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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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