Property Details

Featured in:

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Featured in:

Winners:

701 Main Avenue W
Sundre (A2217747)

$1,750,000
15,513 ft²
Note: This property may have a conditional offer. Talk to us for details.
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

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

Description

TURNKEY MOTEL Excellent Highway exposure. Well Maintained. 1.4 acres. 38 Units plus owners suite. This is your opportunity to own a motel in the vibrant and growing community of Sundre, Ab. Situated on the west end of town with prime visibility and access directly off Highway 27, this 1.4 acre property is exceptionally maintained and caters to Sundre's tourism, oil & gas, and the forestry sectors. 38 guest units in total, 2 spacious one-bedroom kitchenette suites, 8 standard kitchenette rooms, 28 non-kitchenette suites. A spacious owners suite with one bedroom, large living room, full kitchen, office and 1.5 bathrooms. All the necessary equipment and chattels included for seamless operation. Two buildings: the front one is built in 1996 and houses the main office and features hot water boiler heat. The second building built in 2005 features heat pumps for heating and air conditioning. Easy access, ample parking and great visibility. Zoned for highway commercial use. The opportunity also exists to convert into low income housing as long as a component of the property is used for Commercial. This is a previously well established income-producing property in a high-traffic location and solid local support and potential for further growth. DO NOT APPROACH OWNERS. SHOWINGS BY APPOINTMENT ONLY.

Property details

Basic Info

MLS® #
A2217747
Property Type:
Commercial
Subtype:
Hotel/Motel
Subdivision:
NONE
Price
$1,750,000
Sale/Lease:
For Sale
Size:
15,513 sq.ft.
Year Built:
2005 (20 years old)

Building Info

Structure Type:
Hotel/Motel
Building Name:
The Kings Motel
Garage:
No
Fence:
Basement:
No
Inclusions:
Fridge, Electric stove, dishwasher

Acreage/Farm Info

Nearest Town:
Sundre

Lot / Land Info

Lot Size:
1.48 acres
Lot Features:
City Lot, Level
Zoning:
C-2

Business Info

Business Type:
Hotel/Motel

Materials & Systems

Roof:
Asphalt Shingle
Foundation:
Slab
Heating:
Baseboard, Boiler, Heat Pump, Natural Gas, Varies by Unit
Cooling:
Full

Listing Info

Possession:
Immediate
Days on Market:
36
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Your Agent

Grassroots Realty Group Ltd.
1-833-477-6687

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