Listing Details

2355, Blackfalds

Motel/Hotel Property for Sale

2355, Blackfalds, MLS® # A2290919
  • MLS®#: A2290919
  • Price: $4,300,000
  • Status: Active
  • Year Built: 1958
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Login or Create an Account to Access Days On Website Financial Information Legal Description Lot Zoning

Prime income-generating property offered at $4.3 M, featuring 32 GUEST ROOMS, 21 VLTs, a FULL-SERVICE BAR, LIQUOR STORE, and TWO LEASED RESTAURANT spaces. This well-established operation delivers approximately $2M in ANNUAL REVENUE, with multiple diversified income streams. Recent upgrades include approximately $2 MILLION IN RENOVATIONS (2020), with significant improvements to guest rooms including NEW WASHROOM AND SEPARATE HAVC SYSTEMS, enhancing operational efficiency and guest experience. Situated on 0.6 acres, the building spans 25,392 sq. ft., including a 11,377 sq. ft. main floor and 6,587 sq. ft. basement, allowing for efficient operations and future potential. Owned and successfully operated by the same owner for over 20 years, this is a rare, stable, and profitable investment with proven performance. An ideal opportunity for investors seeking a high-cash-flow asset with diversified revenue streams and strong upside potential.

Contact Laura Ipsum About MLS® A2290919

Required Field

Laura Ipsum, 7804256270 at Redman Office Realty, 10172 108 Street, Edmonton, Alberta, T5J 1L3

property information

  • Property Type: Motel/Hotel Property
  • MLS®#: A2290919
  • Year Built: 1958
  •  

Community Information

  • Address: 2355
  • City: Blackfalds
  •  

interior

  • Included: N/A
  • Fireplace Details: For Sale
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$4,300,000

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Listing Courtesy of
CIR Realty
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