5507 50th Street, Viking, Alberta T0B 4N0

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$749,900

Highlights

$749,900

Price

11000 sqft

Lot

For sale

Status

A2310955

MLS® ID

RARE OPPORTUNITY TO OWN THE HIGHLY PROFITABLE 22-ROOM VIKING LAMPLIGHTER MOTEL STRATEGICALLY LOCATED AT 5507 50 STREET! THIS TURNKEY BUSINESS IS A POWERHOUSE FOR AN OWNER-OPERATOR, FEATURING 6 KITCHENETTES AND 13 DOUBLE ROOMS PERFECTLY EQUIPPED FOR STEADY INCOME FROM SHORT-TERM TRAVELERS AND LONG-TERM CONTRACT WORKERS. THE SALE INCLUDES AN UNMATCHED OWNER’S LIFESTYLE FEATURING A FULLY RENOVATED 1,350 SQ. FT. BUNGALOW WITH A FINISHED BASEMENT , A PREMIUM LIVING STANDARD RARELY FOUND IN THE INDUSTRY. BOASTING A 36% REVENUE INCREASE YEAR-OVER-YEAR FROM 2024 TO 2025, THIS BUSINESS SHOWS A CONSISTENT UPWARD TRAJECTORY. POSITIONED DIRECTLY ACROSS FROM THE HIGH SCHOOL NEAR ESSENTIAL SERVICES, THE SITE OFFERS EXCELLENT VISIBILITY AND LONG-TERM LAND VALUE. WELL-MAINTAINED WITH A LOYAL CLIENTELE AND PROVEN SALES HISTORY, VTB FINANCING OPTIONS MAY BE AVAILABLE FOR QUALIFIED BUYERS. INVEST IN THIS HIGH-YIELD ASSET IN A GROWING COMMUNITY TODAY! (id:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number A2310955
    • Price $749,900
    • Square Footage: 11000 sqft
    • Community Name: Viking
    • Plan 5216mc

    Buildings

    Constructed Date 1969 Size Exterior 11000 Sqft
    Size Interior 11000 Sqft Total Finished Area 11000 Sqft

    Land

    Acreage No Size Total Text Unknown
    Zoning Description C2

    Agents and Offices

    • Gaganjit Multani
    • Sai Patel
    • Office: RE/MAX Real Estate (Mountain View)

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