Property Details

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115 2 Street SE
Vulcan (A2275330)

$1,290,000
8,213 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

A well-maintained, one of few motels nestled in the hub of construction sites for solar power, wind turbine and oil related industry. Very good revenue. The average revenue for four years is $370,000. (2025: $481,000, 2024: $379,000, 2023: $291,000, 2021: $320,000. Year end is March.) Larger part of customers stay on monthly or weekly basis for the construction. The 24-key count is an ideal size for easy managing of a first-time motel buyer looking stable revenue with low purchasing budget. 13 rooms are an apartment style, a separate living area with kitchenette and a bedroom. All rooms have its own outside doors for the customer's easy access directly to the rooms. This property includes a spacious two-bedroom residence for owners or managers. There are only two hotels in the town. It is room only and very easy operation.

Property details

Basic Info

MLS® #
A2275330
Property Type:
Commercial
Subtype:
Hotel/Motel
Subdivision:
NONE
Price
$1,290,000
Sale/Lease:
For Sale
Size:
8,213 sq.ft.
Year Built:
1974 (51 years old)

Building Info

Structure Type:
Hotel/Motel
Garage:
No
Fence:
Basement:
No
Inclusions:
N/A

Lot / Land Info

Zoning:
C3

Business Info

Business Type:
Hotel/Motel

Listing Info

Possession:
Negotiable
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Grassroots Realty Group Ltd.
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