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Camrose,AB T4V 4W1
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Subdivision Camrose East
MLS Listing ID A2180258
Originating Board Calgary
Year Built 2008
Annual Tax Amount $6,357
Tax Year 2024
Property Description
Located 150 minutes NORTH from downtown Edmonton, this motel consists of 37 units, including 4 units used as owner’s suite and storage space. The well-maintained building was built in 2008 and is approx.15,000 sf on approx. 4 acres. Each unit consists of 14 single rooms and 22 double rooms, with no kitchenettes. There are additional 5 separate spaces used as offices, laundry, garage, and maintenance rooms, and the motel is equipped with 8-tank industrial water heater and in-floor heating system. All guest refrigerators have been recently replaced and many repairs and maintenance/cleaning have been done. The motel is located on the highway leading to the oil fields, has no competition within 70-120 km, and is visited by many crews, hunters, fishermen, and tourists due to the provincial parks and oil fields nearby. The motel has a fully equipped restaurant with 8 tables, fire suppression system, and walk-in coolers to serve motel guests and local residents. (* Restaurant is temporarily closed) Experience in the motel and restaurant business is an asset to further enhance the business. This is a great opportunity for anyone looking for a motel business with great potential as the building is young and there is no competition, so don't miss out. This property is being sold "as is, where is" condition and the listing price is based mainly on the value of the land and the building, and no business records are provided. The address shown in the listing is not the actual address.Thank you.
Location
Province AB
County Camrose
Zoning C
Interior
Heating Baseboard,In Floor
Inclusions Most of restaurant appliances and motel electronic appliances.
Exterior
Utilities Available Electricity Available,Natural Gas Available,Garbage Collection,High Speed Internet Available,Phone Available,Sewer Available,Satellite Internet Available,Water Available
Roof Type Asphalt Shingle
Building
Foundation Poured Concrete
Others
Restrictions None Known
Ownership Private