$1,030,000.00 12,250 Sq.ft

4911 51 Avenue , Camrose. T4V 0K2

Description

Motel offers accommodations in downtown Camrose. The nearest airport is Edmonton International Airport, 60km from Camrest Motel. Guests can enjoy the on-site restaurant. Free private parking on site. All rooms offer a LED TV with premium cable, coffee machine and complimentary in-room coffee, refrigerator, microwaves, and hair dryers in the washrooms . 24-hour front desk at the property. free WiFi in rooms. Before the pandemic, average annual revenue was $500k, best year 2019 at $730k. Last 2 years revenue are low, It should recover in the next 2 years. Owner retires, great opportunity to own a motel at a reasonable price.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A1259409
City:Camrose
Neighbourhood:Downtown Camrose
Province:Alberta
Building/Unit Size: 12,250 sq.ft
Land Size:0.59 Acre
Listing Price:$1,030,000.00
Lease Rate: $0.00
Business Type: Hospitality,Hotel/Motel Hospitality, Hotel/Motel
Property Subtype:Hotel/Motel
Transaction Type:For Sale
Land Use Code:C1
Listing Contract Date:2022-09-29

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

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