$2,349,000.00 81,457 Sq.ft

Address Not Available

Description

Exceptional opportunity to own and operate an established motel in Innisfail, conveniently located right on the side of HWY #2. This is non-franchise motel with one of the great opportunities to have family owned business and no experience required. This motel is comprised of 50 Rooms including 35% of the rooms with kitchenette plus one Manager’s suite and a two-bedroom house with a garage. 25% of the rooms occupied with monthly/weekly long-term guests and rated one of the economical Motel in this area with a huge client base. The lot size is huge (total 1.87 acre of land) and it opens up further opportunities for expansion and future development/upgrading. The motel most of the interior rooms are renovated recently including new roofs, new boilers and new hot water tanks. Excellent opportunity for investment or a family business. More information available for serious inquirers.

Listing Information

Prop. Type:Commercial
Status:
MLS #:C4272569
City:Innisfail
Neighbourhood:
Province:Alberta
Building/Unit Size: 81,457 sq.ft
Lot Size:29 sq.ft
Land Size:1.87 Acre
Listing Price:$2,349,000.00
Listing Price Arce:$1,256,150 per Acre
Lease Rate:$0.00 per sq.ft
Business Type:Hotel/Motel
Property Type:Commercial
Property Subtype:Hotel/Motel
Transaction Type:For Sale
Land Use Code:HWY-C
Listing Contract Date:2019-10-18

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "HOMECARE REALTY LTD." listing brokerage.

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