$1,190,000.00 18,508 Sq.ft

5110 50 Avenue , St. Paul. T0A 3A0

Description

* 51 Guest rooms, 1 manager suite, 2 staff rooms(can be converted to guest rooms) * 11 Kitchenettes * Have 4 bedroom suite and triple bedroom for big family group * Mixed customer groups such as oil workers, construction workers, and travellers * Most customers are long term customers * Winter time, about 8 monthly rents and summer time, about 15 monthly rents(5 rooms are rented out throughout a year) * Easy operation(currently manager operating) * A water tank replaced in 2022 and a dryer replaced in 2023 * 2 full capacity boilers, so do not worry about boiler problem * Convenient location for customers between liquor store and seven eleven * Good cap rate * Owner retiring

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2115026
City:St. Paul
Neighbourhood:St. Paul Town
Province:Alberta
Building/Unit Size: 18,508 sq.ft
Land Size:0.72 Acre
Listing Price:$1,190,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Hotel/Motel
Transaction Type:For Sale
Land Use Code:C1
Listing Contract Date:2024-03-14

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "CIR Realty" listing brokerage.

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