$5,990,000.00 16,800 Sq.ft

5307 MACLEOD Trail SW, Calgary. T2H 0J3

Description

Established and profitable motel business with land for sale on busy Macleod Trail. Just minutes away from Chinook Centre Mall. Total 48 rooms with office/breakfast area. 44,546 SF (1.02 acres) lot is also great for future redevelopment. Recently renovated rooms. Lots of potentials for your own ideas and concept to increase sales. Land use C-COR3 with F.A.R. 3 and max height 46 M. Prime l and with 156-meter frontage on McLeod Tr. Commercial signage rental income is also great in this location because of the McLeod Tr traffic. The building was renovated in 1976 and 2006, The roof was replaced in 2017, and The new hot water tank was in 2022. The property is perfect for holding and future development, receiving a passive motel income while you plan and wait for appreciation. After the hard time-COVID-19 period, life is coming back. The business of the hotel has returned to normal, and the income has greatly improved. Easy to arrange a tour.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A1254851
City:Calgary
Neighbourhood:Windsor Park
Province:Alberta
Building/Unit Size: 16,800 sq.ft
Land Size:0.00 Acre
Listing Price:$5,990,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Hotel/Motel
Transaction Type:For Sale
Land Use Code:Zone CC
Listing Contract Date:2022-08-28

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "FIRST PLACE REALTY" listing brokerage.

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