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$3,190,000
Est. payment /mo
14,066 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 14,066 sqft
Price per Sqft $226
MLS® Listing ID A2242304
Year Built 1952
Lot Size 0.840 Acres
Acres 0.84
Source Calgary Real Estate Board
Property Description
**Owner retiring and downsizing** Seize this rare chance to own a thriving franchise motel, fully renovated in 2023, located in a high-demand tourism area just minutes from Waterton Lakes National Park, and key energy sector routes. This award-winning property boasts exceptional condition and cash flow with strong year-round demand from tourists, contractors, and corporate clients. Key Features are * 30 rooms(27 kitchenette rooms) * 3 bedroom living quarters * Outstanding reputation: 4.7 Google reviews. Growth opportunities include * Highway 3 Twinning: Ongoing infrastructure improvements through Pincher Creek enhance accessibility, and * Grassy Mountain Coal Mine: Proposed $1.1B, 25-year project expected to drive long-term housing demand. With strong sales and high profitability, this motel is a top-performing hospitality asset with significant upside potential. Don't miss this opportunity to invest in a turnkey business in a sought-after location. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
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Listed by CIR Realty