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Additional details
$ 6,650,000
Est. payment /mo
Active
5402 HIGHWAY ST Valleyview, AB T0H 3N0
35,140 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 35,140 sqft
Price per Sqft $189
MLS Listing ID A2293579
Year Built 2007
Property Sub-Type Hotel/Motel
Property Description
Turn-key 50-room motel with strong revenue (~$1.7M+) and established restaurant income. Located in a high-demand corridor serving oil & gas workforce and highway traffic.
Potential franchise conversion opportunity to a recognized national brand (e.g.,Super 8 by Wyndham). Preliminary discussions indicate possible franchisor-supported renovations (flooring,painting,interior upgrades),subject to approval.
Excellent value-add opportunity with potential for improved branding,occupancy,and reduced capital expenditure. Large 3.39-acre site with future development potential.
Potential franchise conversion opportunity to a recognized national brand (e.g.,Super 8 by Wyndham). Preliminary discussions indicate possible franchisor-supported renovations (flooring,painting,interior upgrades),subject to approval.
Excellent value-add opportunity with potential for improved branding,occupancy,and reduced capital expenditure. Large 3.39-acre site with future development potential.
Location
Province AB
Zoning HD (Highway Development D
Interior
Inclusions The Seller will provide the chattel & equipment list.
Fireplace No
Exterior
Garage No
Building
Dwelling Type Hotel/Motel
Others
Restrictions None Known
Listed by RE/MAX Complete Realty