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$ 1,499,000
Est. payment | /mo
14,706 SqFt
$ 1,499,000
Est. payment | /mo
14,706 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 14,706 sqft
Price per Sqft $101
MLS Listing ID A2315799
Year Built 1980
Property Sub-Type Hotel/Motel
Property Description
Excellent opportunity to acquire a well-established hotel/motel in a high-exposure Southern Alberta location positioned along the busy Highway 2 & Highway 3 corridor,approximately 90 minutes south of Calgary. This property benefits from consistent year-round traffic generated by tourism,agricultural activity,local events,and workforce accommodation,while also being ideally situated only 15 minutes from Head-Smashed-In Buffalo Jump,approximately 40 minutes to Waterton Lakes National Park,and within an hour of the U.S. border.
The property features 28 guest rooms along with a spacious owner/manager's residence offering 4 bedrooms and 2 bathrooms,thoughtfully laid out with two bedrooms upstairs and two downstairs — an ideal setup for owner-operators or on-site management. During the winter season,the business maintains strong and stable cash flow through longer-term occupancy,with king kitchenette suites historically achieving approximately $1,300–$1,500/month.
Current ownership has completed renovations to five guest rooms,providing buyers with immediate upside potential through continued modernization and operational improvements. The motel generates approximately $350,000 in annual gross revenue,with the current owner reporting approximately $200,000/year in income inclusive of salary.
Situated on a large 35,937 sq.ft. (0.825 acre) site with a building size of approximately 14,706 sq.ft.,the property offers excellent visibility,accessibility,and ample future potential. The roof and boiler system are estimated to have approximately five years of remaining life,allowing purchasers the ability to strategically plan future capital improvements while operating a stable and income-producing asset in a growing regional market.
The property features 28 guest rooms along with a spacious owner/manager's residence offering 4 bedrooms and 2 bathrooms,thoughtfully laid out with two bedrooms upstairs and two downstairs — an ideal setup for owner-operators or on-site management. During the winter season,the business maintains strong and stable cash flow through longer-term occupancy,with king kitchenette suites historically achieving approximately $1,300–$1,500/month.
Current ownership has completed renovations to five guest rooms,providing buyers with immediate upside potential through continued modernization and operational improvements. The motel generates approximately $350,000 in annual gross revenue,with the current owner reporting approximately $200,000/year in income inclusive of salary.
Situated on a large 35,937 sq.ft. (0.825 acre) site with a building size of approximately 14,706 sq.ft.,the property offers excellent visibility,accessibility,and ample future potential. The roof and boiler system are estimated to have approximately five years of remaining life,allowing purchasers the ability to strategically plan future capital improvements while operating a stable and income-producing asset in a growing regional market.
Location
Province AB
County 0353
Zoning CB
Interior
Fireplace No
Exterior
Garage No
Building
Dwelling Type Hotel/Motel
Others
Restrictions None Known
Listed by MaxWell Canyon Creek
LOCATION AND OTHER NEARBY PROPERTIES
REVIEWS
Geeta Singh
As a professional and knowledgeable real estate agent, Viren made the journey of purchasing a home in the Calgary area completely seamless. I felt supported and informed at every single step. His market expertise and unwavering patience truly stood out.
Sartaj Sekhon
Working with Viren is an absolute pleasure, and he is easily one of the most professional Realtors in North West Calgary.
What I appreciate most about him is how he always keeps the bigger picture in mind. He doesn’t just focus on getting a quick deal done; he actually steps back, considers the long-term strategy, and focuses on what makes the most sense for his clients down the road.
Additionally, his communication is top-notch. He keeps you in the loop every step of the way, anticipates questions before they come up, and is very resourceful when it comes to getting answers and solving problems. He has a great network of folks that he can tap into to resolve any issue!
If you're looking for a collaborative, down-to-earth Realtor who truly knows his stuff and puts his clients first, give Viren a call!
Charlene Soares
Viren is a very responsive realtor who drops everything to come see his clients. He will help you with your house purchasing decisions by providing additional resources to evaluate the current market situation and always available for questions. Great realtor to choose if you are on the market searching for excellent help!
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