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$ 2,800,000
Est. payment | /mo
21,880 SqFt
$ 2,800,000
Est. payment | /mo
21,880 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 21,880 sqft
Price per Sqft $127
MLS Listing ID A2296471
Year Built 1978
Property Sub-Type Hotel/Motel
Property Description
Strategically located limited-service Super 8 Hotel in Stettler,AB - The "Heart of Alberta" - This 49-key,two-storey property offers comfortable guest accommodations with a mix of Single Queen,Double Queen,King,and suite rooms featuring kitchenettes. Amenities include a complimentary breakfast room,business centre,and pet-friendly policy.
Situated on 1.18 acres along Highway 56 at the south entrance to Stettler,the hotel provides excellent visibility and easy access to major routes serving Central Alberta. The stable Central Alberta market,supported by agriculture,energy,tourism,and regional events,delivers consistent demand from corporate,leisure,and drive-through travellers.
Well-maintained and internationally branded,this fee-simple asset presents a compelling opportunity for investors seeking a turn-key hospitality property with strong upside potential through targeted capital improvements and management enhancements. A new metal roof was installed on both the hotel and restaurant approximately 5 years ago (valued at over $150,000)
There is a free-standing leased restaurant/lounge located on the same lot.
Situated on 1.18 acres along Highway 56 at the south entrance to Stettler,the hotel provides excellent visibility and easy access to major routes serving Central Alberta. The stable Central Alberta market,supported by agriculture,energy,tourism,and regional events,delivers consistent demand from corporate,leisure,and drive-through travellers.
Well-maintained and internationally branded,this fee-simple asset presents a compelling opportunity for investors seeking a turn-key hospitality property with strong upside potential through targeted capital improvements and management enhancements. A new metal roof was installed on both the hotel and restaurant approximately 5 years ago (valued at over $150,000)
There is a free-standing leased restaurant/lounge located on the same lot.
Location
Province AB
Zoning C2
Interior
Inclusions All hotel furniture and fixtures are included "as is"
Fireplace No
Exterior
Garage No
Building
Dwelling Type Hotel/Motel
Others
Restrictions None Known
Listed by Heartland Real Estate
LOCATION AND OTHER NEARBY PROPERTIES
REVIEWS
Michael Rand
I am a Alberta certified home inspector for a top home inspection company and have had the pleasure to work with Virin on a few occasions, his professional attitude and knowledge of the space is exceptional and should be a bar set by all realtors to match. It was a pleasure and I look forward to a long professional relationship with him and his company in the future. Thanks for being so professional and prompt with all requests.
Grace Logura
Viren is the Real Estate in Calgary, I would like to say he's very good person, he understood client, when making their choice on what they like or not, He's he's patient, and kind, if I know someone who went to buy house, i will recommend him.
keith mascarenhas
If you are looking for someone to help you with your real estate needs in Calgary look no further than Viren Vijayashankar. With his affable style and genuine care to meet your requiremnts he offers the best advice backed by years of fine tuned expertise. He helped us with some difficult remote decision making and look forward to working with him in the future.
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