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Hotel
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Main Photo: 103 & 107 Centre Street: Duchess Hotel/Motel for sale : MLS®# A2018867
Photo 1: 103 & 107 Centre Street: Duchess Hotel/Motel for sale : MLS®# A2018867
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Photo 49: 103 & 107 Centre Street: Duchess Hotel/Motel for sale : MLS®# A2018867
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2018867
The Duchess Suites have undergone extensive renovations to provide additional rental suites as well as upgrading the existing suites. The additional suites are self-contained units with their own hot water tanks and furnaces along with in-suite washer/dryer units. One of the new suites is a two bedroom with a loft and the other is a one bedroom unit with a loft. The original one bedroom suite has been remodeled as a two bedroom suite. All of these units have had long term tenants for over a year. The rooms in the original motel have been upgraded with cook top stoves, full size fridges, kitchen sinks and are equipped with microwaves, toasters m, etc to accommodate longer term tenants. There has also been a recent upgrade to a 1 terabyte internet supply to allow tenants more streaming capabilities. The current lease terms are month to month. The existing occupants on average have been renting units for 6 months up to 2 years. On average, approximately 25% of the units are on shorter agreements of 1 to 3 months. The property also has one wheelchair accessible unit. There are a variety of tenants at this property but for the most part they are working in the area on long term projects such as solar farms or with oil field companies. There is a large solar farm being constructed in the area that will be hosting up to 300 employees over the next 3 to 5 years, with start-up expected in the spring of 2023. This is a well renovated and maintained property with no deferred capital expenses on the books. Additional information including financial records are available.
Property Type:
Commercial
Property Sub Type:
Hotel/Motel
Transaction Type:
For Sale
Possession:
Possession Date:
Total Building Area:
8,134 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Frontage:
175'
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
2008 (Age: 15)
Bathrooms:
- (Full:-, Half:-)
Plan:
1868BA
Heating:
Boiler, In Floor, Forced Air
Foundation:
Poured Concrete, Slab
Building Name:
Duchess Suites
Construction Material:
Stucco
Structure Type:
Hotel/Motel
Roof:
Metal
Ensuite:
No
Garage:
0
NONE
19 fridges, 16 cook top stoves, 3 full size stoves, 4 washer, 4 dryers, 2 dishwashers, 1 central air unit., existing furnishings and supplies.
None Known
Access To Property:
Front and Rear Drive access
Num. of Parcels:
0
Region:
Newell, County of
Zoning:
C
Listed Date:
Jan 12, 2023
Days on Mkt:
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Larger map options:
Listed by Harvest Real Estate
Data was last updated December 7, 2023 at 10:05 AM (UTC)
Rob Campbell
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.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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.