$3,900,000.00 20,396 Sq.ft

Address Not Available

Description

* WELL MAINTAINED BUSY FRANCHISE MOTEL * 48 ROOMS * SALES OVER $1.1M * LOT SIZE: 1.5 ACRES * BUILT IN 1996 * TOWN INDUSTRY: AGRICULTURE, GAS, OIL * CUSTOMERS INCLUDE NATURAL GAS, OIL DRILLING CREWS, FACTORY WORKERS FOR AGRICULTURAL PRODUCTS PROCESSING, TRAVELLERS * RIGHT ON MAIN HIGHWAY 3 * TOWN IS BUSY WITH SEVERAL CONSTRUCTION PROJECTS; * The twinning project of Highway 3 near this town started in July 2024. The first phase will cover a 46 kilometre stretch. This project has been a priority for the region, especially as Highway 3 is a critical economic corridor, supporting both tourism and the agri-business sector. The project is part of a broader plan to twin the entire 215 kilometre length of the highway, which will take place over the next decade. * A new business complex is under development on the east side of this town near this motel along the Highway 3 service road. This project will feature ten business units, with several major retailers already confirmed. These include No Frills, Shoppers Drug Mart, and a Dollar Store. There are still spaces available for seven more businesses to join the complex.

Listing Information

Prop. Type:Commercial
Status:Pending
MLS #:A2171126
City:Taber
Neighbourhood:
Province:Alberta
Building/Unit Size: 20,396 sq.ft
Land Size:1.50 Acre
Listing Price:$3,900,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Hotel/Motel
Transaction Type:For Sale
Land Use Code:CC(Comprehensive Commerci
Listing Contract Date:2024-10-05

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

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