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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
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Listing MLS#:A2171126
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Liang Commercial Real Estate
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