Property Details

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1303 Mayor Magrath Drive S
Lethbridge (A2165361)

$7,850,000
41,084 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

Sale of Property and Business together. Presenting a prime investment opportunity in the heart of Lethbridge, this property includes both the Ramada Inn by Wyndham and the Chinook Motel, offering a combined total of 86 rooms—66 in the Ramada and 20 in the Chinook. Centrally located, this property benefits from excellent visibility and accessibility, making it a popular choice for both leisure and business travelers. Additionally, the site features the True Swing Indoor Golf, a unique amenity that enhances the guest experience. With strong revenues and a well-established presence in the market, this property is an exceptional opportunity for investors seeking a high-performing hospitality business.

Property details

Basic Info

MLS® #
A2165361
Property Type:
Commercial
Subtype:
Hotel/Motel
Subdivision:
Lethbridge College
Price
$7,850,000
Sale/Lease:
For Sale
Size:
41,084 sq.ft.
Year Built:
1974 (50 years old)

Building Info

Structure Type:
Hotel/Motel
Garage:
No
Fence:
Basement:
No
Inclusions:
Hotel Furnitures And True Swing Indoor Golf Equipment

Lot / Land Info

Zoning:
C-H

Listing Info

Possession:
Negotiable
Days on Market:
1
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Grassroots Realty Group Ltd.
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