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Hotel
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4001 48 Avenue
Southeast Innisfail (Innisfail) Innisfail T4G 1J6

$2,300,000
Commercial

Main Photo: 4001 48 Avenue: Innisfail Hotel/Motel for sale : MLS®# A2107077
Photo 1: 4001 48 Avenue: Innisfail Hotel/Motel for sale : MLS®# A2107077
Photo 2: 4001 48 Avenue: Innisfail Hotel/Motel for sale : MLS®# A2107077
Photo 3: 4001 48 Avenue: Innisfail Hotel/Motel for sale : MLS®# A2107077
Photo 4: 4001 48 Avenue: Innisfail Hotel/Motel for sale : MLS®# A2107077
Photo 5: 4001 48 Avenue: Innisfail Hotel/Motel for sale : MLS®# A2107077
Photo 6: 4001 48 Avenue: Innisfail Hotel/Motel for sale : MLS®# A2107077
Photo 7: 4001 48 Avenue: Innisfail Hotel/Motel for sale : MLS®# A2107077
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2107077
$300 K reduced on 21/4/2024 for quick sale ; Openhouse 26/4/2024 after 2 pm 6 pm and 27/4/2024 from 10 am to 2 pm; This sounds like a promising opportunity for someone looking to invest in or operate a motel business in Innisfail. Here's a breakdown of the key points and considerations: Location: Being situated conveniently on the side of Highway #2 can be a significant advantage for attracting travelers and passing traffic. Innisfail's location likely offers a steady stream of potential customers, especially if it's on a well-traveled route. Property Size: With 1.87 acres of commercial land, there's ample space for the current operation as well as potential future expansion or development projects. This could include adding amenities, improving landscaping, or even constructing additional rooms or facilities. Business Model: As a non-franchise motel, there's flexibility in operations and branding. This can be appealing for those seeking a family-owned business with more autonomy and control over decision-making processes. Room Configuration: The motel's 44 rooms, including 21 with kitchenettes, cater to different guest needs, from short-term stays to longer monthly or weekly rentals. Having a mix of accommodations can help attract a diverse clientele. Manager's Suite: The inclusion of a manager's suite with a full-fledged kitchenette and garage provides on-site living arrangements for management, which can be convenient for overseeing daily operations. Recent Renovations: The recent renovations, including updates to the interior rooms, roofs, boilers, and hot water tanks, indicate that the property has been well-maintained and may require less immediate investment in infrastructure. Client Base: The motel's reputation as one of the economical options in the area with a sizable client base, especially with monthly/weekly long-term guests, suggests a stable income stream. Investment Opportunity: Whether as an investment property or a family-run business, the motel offers potential for generating revenue and building equity over time. Potential buyers or operators should conduct thorough due diligence, including financial analysis, market research, and inspections, to assess the viability and profitability of the investment. Additionally, exploring potential growth opportunities and understanding local regulations and zoning requirements for future development plans is crucial.
Property Type:
Commercial
Property Sub Type:
Hotel/Motel
Transaction Type:
For Sale
Possession:
Possession Date:
Total Building Area:
1.87 acre(s)
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
1.87 acre(s)
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:
1974 (Age: 50)
Bathrooms:
- (Full:-, Half:-)
Plan:
1889RS
Heating:
Boiler, Natural Gas
Structure Type:
Hotel/Motel
Roof:
Asphalt
Ensuite:
No
Garage:
0
Southeast Innisfail (Innisfail)
Will be in person
None Known
Num. of Parcels:
0
Region:
Red Deer County
Zoning:
HWYC
Listed Date:
Feb 11, 2024
Days on Mkt:
  • Photo 1: 4001 48 Avenue: Innisfail Hotel/Motel for sale : MLS®# A2107077
    Photo 1 of 7
  • Photo 2: 4001 48 Avenue: Innisfail Hotel/Motel for sale : MLS®# A2107077
    Photo 2 of 7
  • Photo 3: 4001 48 Avenue: Innisfail Hotel/Motel for sale : MLS®# A2107077
    Photo 3 of 7
  • Photo 4: 4001 48 Avenue: Innisfail Hotel/Motel for sale : MLS®# A2107077
    Photo 4 of 7
  • Photo 5: 4001 48 Avenue: Innisfail Hotel/Motel for sale : MLS®# A2107077
    Photo 5 of 7
  • Photo 6: 4001 48 Avenue: Innisfail Hotel/Motel for sale : MLS®# A2107077
    Photo 6 of 7
  • Photo 7: 4001 48 Avenue: Innisfail Hotel/Motel for sale : MLS®# A2107077
    Photo 7 of 7
Larger map options:
Listed by eXp Realty
Data was last updated April 24, 2024 at 12:05 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.