359 24 ST, Fort Macleod, AB T0L 0Z0
359 24 ST, Fort Macleod, AB T0L 0Z0
359 24 ST, Fort Macleod, AB T0L 0Z0
359 24 ST, Fort Macleod, AB T0L 0Z0
359 24 ST, Fort Macleod, AB T0L 0Z0
359 24 ST, Fort Macleod, AB T0L 0Z0
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$ 1,499,000
Est. payment | /mo

Save
$ 1,499,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

MLS® Listing ID A2315799

Year Built 1980

Annual Tax Amount $13,994

Tax Year 2025

Property Sub-Type Hotel/Motel

Source Calgary

Property Description

Excellent opportunity to acquire a well-established hotel/motel in a high-exposure Southern Alberta location positioned along the busy Highway 2 & Highway 3 corridor, approximately 90 minutes south of Calgary. This property benefits from consistent year-round traffic generated by tourism, agricultural activity, local events, and workforce accommodation, while also being ideally situated only 15 minutes from Head-Smashed-In Buffalo Jump, approximately 40 minutes to Waterton Lakes National Park, and within an hour of the U.S. border.

The property features 28 guest rooms along with a spacious owner/manager's residence offering 4 bedrooms and 2 bathrooms, thoughtfully laid out with two bedrooms upstairs and two downstairs — an ideal setup for owner-operators or on-site management. During the winter season, the business maintains strong and stable cash flow through longer-term occupancy, with king kitchenette suites historically achieving approximately $1,300–$1,500/month.

Current ownership has completed renovations to five guest rooms, providing buyers with immediate upside potential through continued modernization and operational improvements. The motel generates approximately $350,000 in annual gross revenue, with the current owner reporting approximately $200,000/year in income inclusive of salary.

Situated on a large 35,937 sq.ft. (0.825 acre) site with a building size of approximately 14,706 sq.ft., the property offers excellent visibility, accessibility, and ample future potential. The roof and boiler system are estimated to have approximately five years of remaining life, allowing purchasers the ability to strategically plan future capital improvements while operating a stable and income-producing asset in a growing regional market.

Location

Province AB

County Willow Creek No. 26, M.d. Of

Zoning CB

Others

Restrictions None Known

Tax ID 56792925

Ownership Private

Listed by MaxWell Canyon Creek

LOCATION AND NEARBY PROPERTIES

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359 24 ST

GET MORE INFORMATION

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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