2
$6,190,000 Sale
Listed 4 hours ago
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Key Facts
Key facts for
Property Type
Other
Parking
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MLS #
A2358020
Size
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Basement
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Listed on
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Lot size
-
Days on Market
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Year Built
1978
Maintenance Fee
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Description
CONFIDENTIAL LISTING. Established 80-room motel combined with a 9-unit commercial retail plaza on a high-traffic commercial corridor in Central Alberta. Two complementary income streams: hospitality revenue plus stable retail rent (approx. $430K annualized plaza income). Extensive capital improvemen...ts since 2017 including roofs, windows, washrooms, hot-water tanks, LED lighting, CCTV, key-card access and pylon sign. All 80 rooms renovated 2019-2020. On-site owner-operated coin laundromat. C4 zoning, separate driveways for motel and plaza. Turn-key operation. Property address, name and financials released only to qualified buyers after signing a Confidentiality Agreement. Please do not approach staff, guests or tenants.
Courtesy of: CIR Realty
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