5125 North Avenue Nw, Swan Hills, Alberta T0G 2C0

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$1,390,000

Highlights

$1,390,000

Price

10340 sqft

Lot

For sale

Status

A2272522

MLS® ID

Fantastic opportunity to own & operate your own family-run business in Alberta. This 32-unit motel built in 2009, is a turnkey operation with income potential. Designed with long-term sustainability featuring insulated concrete construction, an 800-amp electrical system, hydronic in-floor heating, laminate flooring, Ceramic Tile Showers & Full A/C in every unit. Located on a 4.74-acre parcel zoned Highway Commercial, only 1.5 acres are currently developed, leaving Excellent potential to add a restaurant, lounge, or convenience store—ideal for involving family members in the day-to-day operations & expansion. Motel includes 16-1 bedroom & 16-2 bedroom units, no shared walls for maximum guest privacy. With 15 RV hookups, flexible rental options for daily, weekly, or monthly stays, certified appraisal & a strong 9% cap rate. This is an outstanding opportunity for families looking to build a lasting, profitable business. A rare chance to invest in your future and work side by side with those who matter most. (id:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number A2272522
    • Price $1,390,000
    • Square Footage: 10340 sqft
    • Parking Space Total 40
    • Plan 209ny

    Business

    Business Type Accommodation Business Sub Type Hotel/motel

    Buildings

    Constructed Date 2009 Construction Material Wood Frame
    Exterior Finish Stucco Foundation Type None
    Heating Fuel Natural Gas Size Exterior 10340 Sqft
    Size Interior 10340 Sqft Total Finished Area 10340 Sqft

    Land

    Acreage No Size Irregular 10340.00
    Size Total 10340 Sqft|7,251 - 10,889 Sqft Size Total Text 10340 Sqft|7,251 - 10,889 Sqft
    Zoning Description 70

    Agents and Offices

    • Michelle Zenon
    • Office: RE/MAX Real Estate (Edmonton)

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