$360,000
$499,000
27.9%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 09/27/2024
Key Details
Sold Price $360,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
MLS® Listing ID A2132582
Sold Date 09/27/24
Originating Board Calgary
Year Built 1967
Annual Tax Amount $7,516
Tax Year 2023
Property Description
This sale includes the land, building, and current business operations of a hotel and coin laundry, along with a vacant restaurant space. Welcome to the Hotel, the only establishment in town offering a coin laundry service. This well-maintained property boasts a variety of attractive amenities and income opportunities. Generate stable, reliable income from 12 bedrooms and 7 Video Lottery Terminals (VLTs). 5 Pool Tables for popularity with both locals and visitors, enhancing the hotel's entertainment offerings. It features a restaurant Space with seating for 30 and is ready to be transformed into a bustling restaurant. Regular local customers are eagerly awaiting its opening, presenting a significant revenue opportunity. This property is a community staple with a loyal customer base, providing a solid foundation for future growth.
Location
Province AB
County Stettler No. 6, County Of
Zoning C1
Others
Restrictions None Known
Tax ID 56616385
Ownership Private
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP