$550,000.00 7,413 Sq.ft

5416 49 Avenue , Rycroft. T0H 3A0

Description

HUGE price drop and HUGE upside potential for this Motel and laundromat. Features 23 units including 2 larger apartment style lofts. 14 rooms have kitchenettes and some rooms have been recently renovated. Already with solid occupancy and good local reputation ready for you to step in and take it to the next level. Also includes the additional revenue stream of a fully operational public laundromat. Lots of parking and additional land for expansion. Highly visible with road frontage on busy Hwy 49 between Rycroft and Spirit River just north of Grande Prairie. Excellent value in this property.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2166169
City:Rycroft
Neighbourhood:NONE
Province:Alberta
Building/Unit Size: 7,413 sq.ft
Land Size:1.92 Acre
Listing Price:$550,000.00
Lease Rate: $0.00
Business Type: Hotel/Motel Hotel/Motel
Property Subtype:Hotel/Motel
Transaction Type:For Sale
Land Use Code:comm
Listing Contract Date:2024-09-16

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RE/MAX Grande Prairie" listing brokerage.

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