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Data was last updated 2019-10-17 at 05:24PM UTC

2014 19 AV NE - MLS® # C4252933

Property Details


List Price
$1,599,900
Living Area
11,978 sqft.
Bedrooms
Bathrooms
Lot Size Area
sq.ft.
Taxes
N/A
Type
Hotel/Motel (Commercial)
Style
Basement
Year Built
1940

Description

3-storey freestanding hotel only 50 minutes from Calgary. Opportunity to take over an established business that has a variety of income streams. A 50-seat restaurant that has a room dedicated to holding small functions and leased out for $45,000/year, and a 190-seat pub with 7 VLTs leased out for $100,000/year. The top 2 floors have 30 rooms all in good condition and a 2-bdrm manager's suite. The hotel currently has over 20 rooms leased by long-term tenants, from which owner gets about $10,000-11,000/mo. No experience necessary, great investment business. All viewings by appointment. Please do not approach the staff without appointment. Thank you!

Listing Provided By

CENTURY 21 BRAVO REALTY

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.

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  • ROYAL LEPAGE WILDROSE REAL ESTATE
  • 4530 - 49 AVENUE
  • OLDS, AB
  • T4H 1A4