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What to Consider When Buying a Hotel
Hotel and Motel for sale
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1201 Bow Valley Trail in Canmore: Bow Valley Trail Hotel/Motel for sale : MLS®# A2350925
1201 Bow Valley Trail Canmore T1W 1P5 
$10,395,000Commercial- Status:
- Active
- MLS® Num:
- A2350925
Established 14-room boutique inn on approx 15,771 sq ft of commercial land in the Bow Valley Trail Central Commercial District (BVT-C). Turnkey operation with experienced management in place, suited to hands-off ownership or an owner-operator model. Substantial recent capital investment in guest areas, wellness amenities and dedicated event space, plus infrastructure upgrades (boiler/heating, electrical, fire protection). The event space creates standalone revenue and drives midweek and shoulder-season room demand. Demonstrated peak-season demand with unused inventory in shoulder season, winter and midweek. 14 dedicated parking stalls plus additional on-site capacity. Development optionality: a 2026 test fit identified approx 23,650 sq ft of allowable FAR and a conceptual 34-room boutique hotel (preliminary, subject to approvals). Financials, occupancy/ADR and NOI available to qualified purchasers under confidentiality More detailsListed by RE/MAX Alpine Realty- Rob Campbell
- CIR REALTY
- (403) 542-7253
- Contact by Email
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in Fairview: Hotel/Motel for sale : MLS®# A2284588
Fairview
$8,000,000Commercial- Status:
- Active
- MLS® Num:
- A2284588
- Build. Type:
- Free-Standing
Exceptional opportunity to acquire a large, full-service 80-room hotel strategically located on a major provincial highway serving the greater Peace River region and surrounding Peace Country industrial corridor. This well-maintained, family-owned hospitality asset is situated on a substantial commercial land parcel with excellent highway frontage and ample parking, attracting steady year-round demand from oil & gas, forestry, construction crews, regional government travel, tourism, and commercial highway traffic. PROPERTY FEATURES: 80 guest rooms, including executive suites, bridal suite with Jacuzzi, and diverse room configurations On-site coffee shop, formal dining room, licensed pub, sports bar featuring 10 VLTs, Liquor store, Banquet room and meeting room for events and corporate functions, Large, high-end commercial kitchen with walk-in coolers and freezers. Separate structure with additional income-producing suites, On-site manager suite, extensive surface parking suitable for guest vehicles and crew trucks. Ongoing upgrades and strong maintenance history. The property is recognized as a strong regional employer and established community presence. Diversified income streams (rooms, food & beverage, liquor, VLTs, events) provide operational stability and growth potential. Positioned near the Peace River corridor, this asset serves both industrial and tourism markets, including Northern Lights visitors. Financials: Available to qualified purchasers upon execution of Confidentiality Agreement. More detailsListed by Century 21 Bravo Realty- Rob Campbell
- CIR REALTY
- (403) 542-7253
- Contact by Email
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21 & 22 108 Montane Road in Canmore: Bow Valley Trail Hotel/Motel for sale : MLS®# A2340968
21 & 22 108 Montane Road Canmore T1W 3J2
$7,675,000Commercial- Status:
- Active
- MLS® Num:
- A2340968
- Build. Type:
- Free-Standing
A remarkable opportunity to own one of Canmore’s most distinctive luxury hospitality properties—where an income-producing real estate investment meets the lifestyle and personal enjoyment of a private Rocky Mountain retreat. Completed in 2023 and enhanced in 2026, Mercer Clubhouse offers an exceptionally rare eight-bedroom, eight-bathroom configuration encompassing 5,777 sq. ft. Designed to accommodate groups of up to 20 guests, the property is configured as two fully self-contained residences which can be rented as one seamless whole property or two individual units: the five-bedroom Mountain Suite and three-bedroom Valley Suite. This flexibility creates an exceptional setting for extended family gatherings, corporate retreats and groups travelling together—while also providing owners with the opportunity for personal use in the mountains. The scale of the property is matched by its amenities. Two gourmet kitchens, two theatre rooms with wet bars, two private hot tubs, an arcade and games room, dedicated ski and snowboard storage, and expansive outdoor living spaces create a true four-season mountain experience, framed by views of the Three Sisters. For investors, Mercer Clubhouse combines an extraordinarily difficult-to-replicate accommodation format with established revenue. The property generated strong net income at approximately a 9% capitalization rate. Beyond the numbers is the opportunity to own a meaningful foothold in Canmore. Spend time here with family and friends, gather for holidays and milestone celebrations, ski the Canadian Rockies, golf at nearby Silvertip and Stewart Creek, explore the extensive trail network, or walk approximately eight minutes into downtown Canmore for its restaurants, cafés and shops. With Banff National Park at your doorstep, four world-class ski resorts within easy reach and Calgary International Airport approximately 70 minutes away, Mercer Clubhouse offers accessibility alongside an extraordinary mountain setting. Part investment. Part private retreat. Entirely Canmore. Mercer Clubhouse presents a rare opportunity to own an income-producing mountain property capable of bringing large groups together in one of Canada’s most sought-after recreational destinations. Financial information and additional due diligence materials are available to qualified purchasers upon execution of a confidentiality agreement. More detailsListed by Sotheby's International Realty Canada- Rob Campbell
- CIR REALTY
- (403) 542-7253
- Contact by Email
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50409 B Highway 16 in Hinton: Hotel/Motel for sale : MLS®# A2282700
50409 B Highway 16 Hinton T7V 1X3
$5,380,000Commercial- Status:
- Active
- MLS® Num:
- A2282700
Hinton / Jasper KOA Holiday (RV Park / Campground) is a well-established, franchise-branded campground located just off Yellowhead Highway (Highway 16), approximately 10 minutes from the Town of Hinton and within convenient driving distance to Jasper National Park. Situated on a generous 29.63-acre parcel, the property features 120 total campsites, including 89 RV sites, 12 tent sites, and 19 cabins, comprised of 2 Deluxe Cabins, 6 Large Cabins, and 11 Camping Cabins. This diverse accommodation mix supports multiple revenue streams during the peak operating season from May through late September. The business operates approximately five months annually, offering an efficient seasonal income structure, with upside potential through a modest extension of the operating season by an additional month. The campground benefits from excellent highway exposure, easy access, and consistent demand driven by Jasper National Park tourism, highway travelers, repeat KOA guests, and seasonal worker and crew accommodations supporting regional industries. On-site improvements include a main office and retail store, laundry facilities, washroom and shower buildings, and well-maintained communal amenities. The expansive land base also provides future expansion or enhancement potential, subject to county approvals. While revenues were impacted in recent years by the COVID-19 pandemic and wildfire-related disruptions in the Jasper region, tourism recovery is actively underway. Provincial and local governments have prioritized destination marketing, infrastructure reinvestment, and visitor attraction initiatives to restore travel confidence and visitation levels. These efforts, combined with Jasper’s long-term status as a premier national park destination, support a positive outlook for demand recovery and long-term revenue growth in this established Alberta tourism corridor. More detailsListed by Grand Realty- Rob Campbell
- CIR REALTY
- (403) 542-7253
- Contact by Email
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8538 Franklin Avenue in Fort McMurray: Downtown Hotel/Motel for sale : MLS®# A2147396
8538 Franklin Avenue Fort McMurray T9H 2J3
$4,900,000Commercial- Status:
- Active
- MLS® Num:
- A2147396
- Build. Type:
- See Remarks
HOTEL OPPORTUNITY DOWNTOWN FORT MCMURRAY ALBERTA! This concrete constructed Hotel consists of 55 guest rooms. 25 Rooms with 1 Queen beds, 15 Rooms with 2 double beds, 8 King suites with kitchenette, 5 Room King Suites Rooms, 1 two bedroom suite with king beds and kitchenette. Amenities consists of Guest Laundry, Guest BBQ Area, Breakfast Room (small prep kitchen – they serve hot breakfast). Guest rooms at minimum are all equipped with TV, Fridge, Microwave, Keurig machine. Additionally there is a 2 bedroom/2 bathroom managers suite that is connected to a large storage room. The guest rooms have heat and A/C via PTAC units. The public areas and hallways are temperature controlled via Make Up Air Unit (MUA). The Lobby, Breakfast Room, and 1st floor Guest Rooms received a renovation in 2022 which consists of all of the hotels basement mechanicals. The hotel is located on 15Km from the Fort McMurray International airport, and in walking distance to Walmart, Grocery Stores and more. Call now for additional information. More detailsListed by ROYAL LEPAGE BENCHMARK- Rob Campbell
- CIR REALTY
- (403) 542-7253
- Contact by Email
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in Blackfalds: Hotel/Motel for sale : MLS®# A2290919
Blackfalds
$4,300,000Commercial- Status:
- Active
- MLS® Num:
- A2290919
- Build. Type:
- Commercial Mix
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. More detailsListed by CIR Realty- Rob Campbell
- CIR REALTY
- (403) 542-7253
- Contact by Email
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00 Any Ave Avenue in Grande Prairie: Richmond Industrial Park Hotel/Motel for sale : MLS®# A2275364
00 Any Ave Avenue Grande Prairie T8V 3J9
$3,800,000Commercial- Status:
- Active
- MLS® Num:
- A2275364
Excellent opportunity to acquire a 44-room motel operating under the Wyndham brand in Grande Prairie, Alberta. Centrally located with strong exposure and convenient access to major roadways, the airport, and key commercial and industrial demand drivers. This established hospitality property offers consistent brand recognition and stable operating potential. Ideal for an owner-operator or investor seeking a well-positioned motel asset. Zoning supports hotel/motel use. Confidential information available to qualified buyers upon execution of an NDA. More detailsListed by URBAN-REALTY.ca- Rob Campbell
- CIR REALTY
- (403) 542-7253
- Contact by Email
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4820 50 Avenue in Lloydminster: West Commercial Hotel/Motel for sale : MLS®# A2300700
4820 50 Avenue Lloydminster T9V 0W5
$3,500,000Commercial- Status:
- Active
- MLS® Num:
- A2300700
$125,000 to $150,000. in recent/ongoing renovations with no price increase! Now it's an even better value! The Central Suite Hotel is located in the heart of downtown Lloydminster (The Heavy Oil Capital of Canada) lies the Central Suite Hotel! This 32 room hotel has had extensive renovations over the years and is undergoing even more upgrades. 25 of the rooms have kitchenettes. The owners have taken pride in the maintenance and upgrades of this building and you will be impressed. Includes Lounge with complete food service, liqour vendor, vlt's, atm, exercise room, a separate restaurant (currently leased) and even a separate tanning business. This is a very profitable business and one you should take a close look at! A complete info package is available. More detailsListed by Century 21 Drive- Rob Campbell
- CIR REALTY
- (403) 542-7253
- Contact by Email
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404 Main Street in Cardston: Hotel/Motel for sale : MLS®# A2337741
404 Main Street Cardston T0K 0K0
$2,950,000Commercial- Status:
- Active
- MLS® Num:
- A2337741
42 room Hotel in Prime location on Main St/ Hwy 2 in Cardston Alberta has been operated by the same owners since 1997. With onsite pool, tanning bed, and clean comfortable accommodation with A&W the serves breakfast next door- the The South Country Inn is the best option for travels to stay in Cardston. This Highly efficient hotel has a state of the art heating and cooling system that uses ground water to cool the building and boilers and heat exchangers to heat the pool and the building to cut down on heating costs. With new Hospital and other commercial construction projects being announced to be built in Cardston there is a huge need for accommodation for workers which makes the future revenue for this hotel very attractive. Call a realtor today to get more info about the revenue and potential of this great hotel opportunity. There is 21876 sq feet above grade and 30,573 sq feet total including all 3 levels. More detailsListed by SUTTON GROUP - LETHBRIDGE- Rob Campbell
- CIR REALTY
- (403) 542-7253
- Contact by Email
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913 19A Avenue in Coaldale: Hotel/Motel for sale : MLS®# A2277119
913 19A Avenue Coaldale T1M 1A4
$2,900,000Commercial- Status:
- Active
- MLS® Num:
- A2277119
- Build. Type:
- Free-Standing
The town of Coaldale is an emerging progressive community, and is truly becoming the recreational and commercial Hub for Southern Alberta. Coaldale, with a population of approximately 9000 residents, combines the benefits of small town living with the services and amenities of a larger urban Centre. The Coaldale Inn is situated on highway #3, with great frontage exposure. The Coaldale Inn is a very popular facility and is the place to enjoy yourself in Kcee's pub with 5-VLT's or enjoy the dining experience in Franco's restaurant offering a full menu. This 17-unit Hotel/Motel situated on 1.12 acres of land, provides plenty of parking and potential for expansion. The Coaldale Inn is a combination tavern/restaurant/lounge/motel with over 14,600 square feet is sectioned into three areas of the tavern, central and motel. The 6,095 sq/ft motel area features 17 recently renovated units with full washrooms, newer furnishings, furniture, television and free WIFI. The 4246 sq/ft central area offers the reception office, restaurant (100 seats), kitchen and lounge plus additionally provides access to the guest room area. The 4323 sq/ft newly renovated tavern with seating for 100 patrons, features newer bar with a large garage door leading to an inviting outdoor raised patio. Tavern also provides built-in/ walk-in coolers and utility storage rooms. This completely and recently renovated facility is a must see to fully appreciate the extensive quality improvements that make this a great opportunity for an aggressive entrepreneur. More detailsListed by ROYAL LEPAGE COMMUNITY REALTY- Rob Campbell
- CIR REALTY
- (403) 542-7253
- Contact by Email
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392 Centre Street in Drumheller: Downtown Drumheller Hotel/Motel for sale : MLS®# A2295532
392 Centre Street Drumheller T0J 0Y0
$2,799,000Commercial- Status:
- Active
- MLS® Num:
- A2295532
Rare opportunity to become an owner operator of your own established motel/hotel in the heart of Drumheller-the Dinosaur capital of Alberta! This is your chance to own an "Econolodge Inn and Suites", a name synonymous with reliability and value. There are 54 suites offering a variety of sleeping arrangements, and, onsite living quarters for the owner/manager! This is a low overhead business offering a bustling very busy summer season. Located downtown, there is ample parking on the property and the motel offers breakfast dining. For the ultimate in convenience, there is a Shoppers Drug Mart right across the street. Drumheller is famous for its Dinosaurs and is only 110km from Calgary. Also, it is home to the 2nd largest natural gas field in Alberta. Tourism plays the largest part in attracting visitors including the "worlds largest dinosaur", "Canadian Badlands Passion Play" at the amphitheatre, and of course, the "Royal Museum of Paleontology. The museum itself attracts half a million visitors every year! Add the spectacular Hoodos and you can see why Drumheller is a top Alberta destination! The hotel achieves an attractive cap rate and provides a relaxed, yet profitable lifestyle. If you're looking to run a profitable business while enjoying a small town feel, this might be the business you've been looking for! More detailsListed by RE/MAX House of Real Estate- Rob Campbell
- CIR REALTY
- (403) 542-7253
- Contact by Email
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in Hinton: Hotel/Motel for sale : MLS®# A2348764
Hinton
$2,500,000Commercial- Status:
- Active
- MLS® Num:
- A2348764
Excellent opportunity to own a well-positioned motel in Hinton, Alberta, offering multiple revenue streams in a highly visible location along Highway 16. The property features 29 guest rooms, a bar and a liquor store business and benefits from strong highway exposure and convenient access for travellers. In addition, the property includes leased retail spaces. An ideal opportunity for an owner-operator or investor seeking a hospitality property with a complementary commercial revenue stream in a strategic Hinton location. More detailsListed by Century 21 Bravo Realty- Rob Campbell
- CIR REALTY
- (403) 542-7253
- Contact by Email
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5078 50 Street in Camrose: Downtown Camrose Hotel/Motel for sale : MLS®# A2254897
5078 50 Street Camrose T2V 1R2
$2,400,000Commercial- Status:
- Active
- MLS® Num:
- A2254897
- Build. Type:
- Low Rise (2-4 stories)
THE ALICE HOTEL is a historical landmark building/business operating profitably in Camrose since it was constructed in 1928. It has been owned and operated by the same family for almost 50 years due to its reliable long-term staff, straight-forward operational environment, and consistently strong revenue. It’s a rare gem in the heart of Camrose! A thoughtful blend of vintage brick nostalgia accented by contemporary touches and unique artistry makes the Alice timeless and iconic. Its key location heralds the start of the historic main street business district, and commands the attention of locals and visitors alike. The hotel interior and exterior have been impeccably maintained throughout its lifetime, with the current owners proactively implementing repairs and improvements that ensure the Alice remains both visually and functionally viable for the next 100 years. STRONG AND STABLE REVENUES OF OVER $2.2MM are generated annually from the combination of lodging, food & beverage, and gaming revenues, plus market data shows ample room remains for pricing and rate increases. The steady and reliable profitability has allowed healthy management take-outs, including through the years impacted by Covid - directly counter to the challenges other businesses experienced through that period. An efficient centralized kitchen provides service to the cafe, lounge and bar, with a menu that offers variety with without excess and supports signature dishes that draw regular patrons. Food revenues can be easily expanded by adding mobile ordering / delivery options and expanded service hours which are not currently offered. Four entrances allow varied operational options plus separate basement access, adding strong potential for new revenue streams by creating bookable space or adding an additional commercial venue. 2028 WILL MARK THE 100TH ANNIVERSARY FOR THE ALICE HOTEL, A TREMENDOUS MARKETING OPPORTUNITY! Built in 1928, the Alice Hotel was extremely large and modern for the time. It boasted 52 rooms, hot and cold running water, baths, telephones in the rooms and a large dining room. It was built by prominent local businessman Valclav Matejka who came to Camrose in 1905. He named the hotel after his daughter Alice, and the hotel has continued to bear her name ever since. Over decades, the rooms were enlarged with private bathrooms & sitting areas, reducing the room count to 23. The hotel is listed on the Camrose ‘Heritage Survey and Inventory’ List, proving its historic value to the city and its importance to the region, however it is not a registered historic site which allows full flexibility of work and use. Additional data available upon request with signed NDA from the listing agent. VIEWING BY PRE-ARRANGED APPOINTMENT ONLY. Appointments can be arranged through your agent, or by contacting the listing agent. The seller also requests for ALL INQUIRIES TO BE DIRECTED THROUGH THE LISTING AGENT. Please do not contact the hotel directly with any inquiries. Thank you! More detailsListed by CIR Realty- Rob Campbell
- CIR REALTY
- (403) 542-7253
- Contact by Email
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5136 54 Street: Viking Hotel/Motel for sale : MLS®# A2344706
5136 54 Street Viking T0B 4N0
$2,190,000Commercial- Status:
- Active
- MLS® Num:
- A2344706
- Build. Type:
- Low Rise (2-4 stories)
Excellent hospitality and investment opportunity in East Central Alberta! The 28-room Viking Inn is strategically located at the intersection of Highways 14 and 36, along the Veterans Memorial Highway and near CN Rail's northern main line. The property features 28 guest rooms, a 100+ seat restaurant and lounge with potential VLTs machines and conference facilities. Approximately $350,000 has recently been invested in renovating and upgrading the restaurant, which is now leased at an attractive rent and enjoys strong business, drawing patrons from Viking and surrounding communities. Viking is an active agricultural and energy centre, with its regional hospital, rail facilities, high school and other amenities supporting local demand. The nearby Hardisty Oil Terminal is undergoing a major storage expansion, adding to the region's economic activity. Hockey is part of the fabric of the community given the legacy of the Sutter family, and the Carena is popular for youth hockey games from October to March. The Viking Inn commendably serves the lodging and dining needs generated by these establishments and the steady flow of travelers along this important transportation corridor. This established operation offers an excellent opportunity for an owner-operator or investor, with multiple revenue streams and further growth potential. More detailsListed by RE/MAX real estate central alberta- Rob Campbell
- CIR REALTY
- (403) 542-7253
- Contact by Email
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121 2 Street W in Cremona: Hotel/Motel for sale : MLS®# A2241714
121 2 Street W Cremona T0M 0R0
$2,190,000Commercial- Status:
- Active
- MLS® Num:
- A2241714
- Build. Type:
- Commercial Mix
Rare Opportunity! Presenting a newly renovated 20-room motel with multiple thriving businesses in one exceptional package. Nestled in the charming community of Cremona, Mountain View County, just 30 minutes from Calgary, this property offers the perfect balance of convenience and serene country living. The motel features 20 spacious rooms, all freshly renovated with new furniture, modern bathrooms, and updated decor, ensuring a comfortable and inviting atmosphere for guests. The property also includes a highly profitable liquor store with impressive revenue, as well as a fully equipped pub bar featuring 2 VLT machines—perfect for maximizing income potential. Additional highlights include a new roof, state-of-the-art equipment, and a turnkey operation ready for its next owner. Whether you're looking to live and work in a peaceful setting or expand your investment portfolio, this is a rare chance to own a well-established business with strong revenue streams. More detailsListed by Grand Realty- Rob Campbell
- CIR REALTY
- (403) 542-7253
- Contact by Email
Data was last updated October 28, 2026 at 12:05 PM (UTC)
Spectacular living in this one-of-a-kind expansive, custom designed penthouse condo, perched overlooking Mahogany Lake with breathtaking panoramic views as far as Downtown Calgary. There are only 2 suites on the top floor of this building in the sought-after Westman Village - Reflections. The luxury entry preludes the open concept floor plan, a spacious living room sits adjacent to kitchen with the dining room beyond. A wall of glass trims the living room and dining room, allowing for loads of natural light and patio doors flow out onto the huge north-facing deck ideal for entertaining or relaxing. The gourmet kitchen showcases Wolf and Sub-zero appliances, a massive island with eating bar, sleek upgraded two-tone cabinetry and quartz countertops. The Master Suite overlooks the lake and offers private access onto the deck along with a 5 piece ensuite with dual sinks, large soaker tub, separate shower and walk-in closet. The Den has access to a second sun-bathed south-facing deck and has shared access with the second bedroom, includes a walk-in closet and its own three-piece ensuite.
#130, 703 64 Ave. SE
Calgary, Alberta T2H 2C3
Cell: (403) 542-7253
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