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#50 Highway 1: Strathmore Hotel/Motel for sale : MLS®# C4161119

#50 Highway 1 Strathmore T1P 1K2 : Strathmore

Main Photo: #50 Highway 1: Strathmore Hotel/Motel for sale : MLS®# C4161119
$2,250,000
Prop. Type:
Commercial
MLS® Num:
C4161119
Status:
Active
Bus Minor:
Hotel/Motel
Excellent opportunity to own and run a 45 room Motel situated on almost One and half acre of land, highly visible with exposure facing Trans-Canada #1 Highway in Strathmore. This Motel business currently collects cash flow revenue from the on-site gas station (commission per litre sold) and restaurant (renewed lease for additional 5 years) on this Commercial land. This Long-standing business has been in the same family for 42 years and is perfect for the next energetic family/Partnership to operate. Beside the Motel office is residential quarters for Owner use or Management use. Adjacent to the Motel land is over One and half acre of prime vacant land (zoned Highway Commercial) that has HUGE developmental potential like Strip Mall Plaza with Main Floor Retail and second floor Professional Office uses) for the business minded. Don't miss out on this chance to own over 3 Acres of Prime Real Estate in Strathmore, 40 kms east of Calgary.
Property Type:
Commercial
Property Sub Type:
Hotel/Motel
Condo Type:
Not a Condo
Minor Bus Type:
Hotel/Motel
Total Floor Area:
Switch units of measure9,580 sq. ft.
Price Per SqFt:
234.86
Taxes:
$24,684 / 2015
Year built:
1974 (Age: 44)
Bathrooms:
0.0 (Full:0, Half:0)
Plan:
7260JK
Water Supply:
Municipal
Garage:
0
Parking Total/Covered:
- / -
Title to Land:
Fee Simple
Restrictions:
See Remarks
None
None
High Traffic Area
Private
Possession:
ASAP
Listed by CENTURY 21 BRAVO REALTY
Listing information last updated on February 26, 2018 at 10:07 PM (UTC)
PETER DAM
JOANNA DAM
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Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.