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About this property
CONFIDENTIAL LISTING. Established 80-room motel combined with a 9-unit commercial retail plaza on a high-traffic commercial corridor in Central Alberta. Two complementary income streams: hospitality revenue plus stable retail rent (approx. $430K annualized plaza income). Extensive capital improvements since 2017 including roofs, windows, washrooms, hot-water tanks, LED lighting, CCTV, key-card access and pylon sign. All 80 rooms renovated 2019-2020. On-site owner-operated coin laundromat. C4 zoning, separate driveways for motel and plaza. Turn-key operation. Property address, name and financials released only to qualified buyers after signing a Confidentiality Agreement. Please do not approach staff, guests or tenants. (id:13843)
About this property
CONFIDENTIAL LISTING. Established 80-room motel combined with a 9-unit commercial retail plaza on a high-traffic commercial corridor in Central Alberta. Two complementary income streams: hospitality revenue plus stable retail rent (approx. $430K annualized plaza income). Extensive capital improvements since 2017 including roofs, windows, washrooms, hot-water tanks, LED lighting, CCTV, key-card access and pylon sign. All 80 rooms renovated 2019-2020. On-site owner-operated coin laundromat. C4 zoning, separate driveways for motel and plaza. Turn-key operation. Property address, name and financials released only to qualified buyers after signing a Confidentiality Agreement. Please do not approach staff, guests or tenants. (id:13843)
Features and Additional Information
Présenté par Stephanie Beaudry
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Brokerage: CIR Realty
