Property Details

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309 Main Street
Three Hills (A2159933)

$1,290,000
5,500 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

-Motel rooms are lease to long term tenants of $850 per a month. -Room and roof of motel were renovated in 5 years ago. -Only Bar in town with 5 VLTs. -Liquor sales is $400,000 with 22~24% margin. -New owner can run the local popular restaurant business or lease it. -3,500 population with schools, hospital, grocery store, etc. -1.5 hours from Calgary, 2.5 hours from Edmonton.

Property details

Basic Info

MLS® #
A2159933
Property Type:
Commercial
Subtype:
Hotel/Motel
Subdivision:
NONE
Price
$1,290,000
Sale/Lease:
For Sale
Size:
5,500 sq.ft.
Year Built:
1991 (34 years old)

Building Info

Structure Type:
Hotel/Motel
Garage:
No
Fence:
Basement:
No
Inclusions:
The Equipment (Chattel) List is TBD.

Lot / Land Info

Lot Size:
0.23 acres
Zoning:
CB

Business Info

Business Type:
Bar/Tavern/Lounge,Hotel/Motel ,Liquor Store ,Restaurant

Listing Info

Possession:
Negotiable
Days on Market:
190
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Grassroots Realty Group Ltd.
1-833-477-6687

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