This property features a total of 23 rentable rooms. It includes two spacious two-bedroom apartments, nine kitchenette rooms for workers, one two-bedroom suite, and eight small rooms for locals. Additional amenities include seven VLTs, a meeting room, a bar, and a restaurant space with a fully equipped commercial kitchen. The property has undergone extensive renovations and upgrades, including a brand-new roof completed this year. Located in a prime area of town, it offers a stable income and excellent investment potential.More details
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.More details
-Black Bear Power Plant is planned close to this motel. Employee of 350 PEOPLE for 30 MONTHS.
-Sales $652,000. -In 2023, ADR (Average Daily Rate) $99, and Occupancy rate 60%. -Exposed to Highway 33 (Grizzy Trail).
-L shaped one story building.
-One room is for an office, and one is for a manager's suite.
-Newer boiler, interior finishing, fixtures and equipment.
-1,340 population with gas and oil area.
-2.5 hours from Edmonton.More details
This is a historic icon of Whitecourt's entertainment scene. This location could be up and running in days, and ready for a DJ or live music. This busy hotel has just leased out the remainder of their restaurant and lounge space, and are expecting a busy winter. Now is your chance to run the bar or nightclub of your dreams!More details
Three story limit service 89 room wood frame hotel that used to be NOVA Hotel and converted as Big Lake Inn from 2012 . .
Slave Lake has the third largest population base of any Alberta municipality north of Edmonton. Its economy has been driven throughout the past three decades by the Oil& Gas and Forest industries.
In a continuing effort to diversify the economy, Slave Lake is encouraging increases in the tourism, manufacturing, and value-added sectors. In addition, Slave Lake is further evolving into an even greater regional service centre, with additional retail, education, health, financial, government, and transportation services. Enterprising men and women recognize the almost unlimited potential for growth and spin-off business in the primary industries of petroleum and forestry, along with burgeoning activity in tourism.
REVENUE(Yearend December 31 ) 2022 : $1,975,869, 2023 : $2,856,40, 2024 till September: $2,040,349
NET OPERATING INCOME 2022: $931,975, 2023: $1,641,247More details
* WELL MAINTAINED BUSY FRANCHISE MOTEL * 48 ROOMS * SALES OVER $1.1M * LOT SIZE: 1.5 ACRES * BUILT IN 1996 * TOWN INDUSTRY: AGRICULTURE, GAS, OIL * CUSTOMERS INCLUDE NATURAL GAS, OIL DRILLING CREWS, FACTORY WORKERS FOR AGRICULTURAL PRODUCTS PROCESSING, TRAVELLERS
* RIGHT ON MAIN HIGHWAY 3 * TOWN IS BUSY WITH SEVERAL CONSTRUCTION PROJECTS; * The twinning project of Highway 3 near this town started in July 2024. The first phase will cover a 46 kilometre stretch. This project has been a priority for the region, especially as Highway 3 is a critical economic corridor, supporting both tourism and the agri-business sector. The project is part of a broader plan to twin the entire 215 kilometre length of the highway, which will take place over the next decade. * A new business complex is under development on the east side of this town near this motel along the Highway 3 service road. This project will feature ten business units, with several major retailers already confirmed. These include No Frills, Shoppers Drug Mart, and a Dollar Store. There are still spaces available for seven more businesses to join the complex.More details
WELCOME to this excellent opportunity to invest in a 22-Suite Walk-Up Apartment Complex at The Haven on 54th in Forestburg! This property entails a two building apartment complex which was originally constructed in 1978 and extensively renovated in 2022/23. It originally functioned as a motel and it was fully renovated to accommodate the current use as an apartment complex. The buildings are of wood frame construction and features 12 studio suites, 2 bachelor suites, 7 one-bedroom suites and 1 three-bedroom suite. Site improvements include approximately 22 paved surface parking stalls and landscaping inclusive of lawn and mature trees. The north building is a 2-Storey walk-up apartment building featuring a total of 16 units. The building features 2 levels with each floor containing suites that have direct exterior access, the main level features a laundry room. The front portion of the building features Unit 1, which is the 3 bedroom unit, over a full basement that contains the mechanical/electrical room and storage space. The west building is a single storey building with a total of 6 units. Each of the suites has direct exterior access and a second laundry room. Finishes in the suites consists of a mix of vinyl plank and linoleum flooring and laminate kitchen/bathroom countertops. The majority of the units are supplied with 2 appliances including a stove and fridge. The 6 studio units located in the west building are provided with a small induction cooktop plate and a portable oven. Gas fired boiler providing heat to the suites in the north building. Individual electric heating/cooling units in the west building. Standard 100 amp service. The suites are not individually metered. The plumbing fixtures are standard, 5 hot water tanks for domestic use are in place. The complex features 3 sets of coin operating washers and dryers which generates revenues. Utility expenses are paid by the owner which includes power, heat, water, waste removal, internet and cable TV. CMHC mortgage in place for just over $200K cash down difference. Mortgage will require qualification, but the product is in place with a good rate of 5.25%. The property would be ideal for anyone wanting to live and manage on-site, as there is a 3 bedroom main floor suite with more living space (Unit 1). The name "Haven" says it all with a quiet small town, and a massively renovated building that is turn-key! 2024 has been the year to find renters and fill the building, and systems and managment are in place to realize the full potential of the building. The Village of Forestburg is situated in east central Alberta and has developed at the intersection of Highways 53 & 856. The community is situated approx. 195 Km's southeast of the City of Edmonton, approx. 153 Km's to Red Deer and lies 98 Km's south and east of the City of Camrose.More details
**Incredible Opportunity Awaits on the Banks of the Little Bow River! ** Welcome to Camp Carmangay, currently operating as a private cafe- where you can bring your vision to life. ONLY Cafe within 40km!!!! This long-standing nonprofit is ready to pass the torch to a new organization. The possibilities here are endless! The property features a fully equipped equestrian center, a licensed café, and a facility that has formerly operated as a youth camp, bed and breakfast, six-room hotel, Corral, Saddle Shed, Historic 125-year-old cabin with wood burning stove, and Hip Barn, with breathtaking views of the river. You'll have quick access to many renowned natural attractions, including the iconic Carmangay Sundial. This location has been home to a variety of events, including a petting zoo, horseback riding, pony rides, mini-golf, flea markets, Indigenous arts and crafts, and tipi camping, Youth Camp, Weddings and Reunions, just to name a few. The property includes a beautiful, Western-style two-story facility, a café that is licensed and operating featuring a pool table. It’s a beloved community destination and is poised to welcome a new owner to carry on its legacy. Vendor subsidy is available to qualified buyers. Don’t miss out on this incredible opportunity - Zoned URBAN Reserve - with many options to explore, bring a Golf Course concept!!!!More details
Unique Liquor store, Bar, restaurant &hotel business for sale, not the property. Nestled in Cremona Alberta, this meticulously maintained property boasts a perfect blend of modern comfort and classic charm, making it an ideal destination for both leisure and business travelers. 45 minutes from Calgary, the hotel enjoys proximity to key attractions, and transportation hubs, ensuring a steady flow of guests. The property features 20 well-appointed rooms and a manager suite, each tastefully decorated and equipped with modern amenities to ensure a comfortable stay. Liquor store with walk-in cooler. Bar (3 VLT), restaurant with commercial kitchen. Over $700K renovation including all motel furniture and restaurant equipment. With a strong history of occupancy rates and positive guest reviews, this hotel has established itself as a profitable business, making it an enticing opportunity for investors. The hotel is being offered as a turnkey operation, with all necessary licenses, permits, and equipment in place, allowing for a smooth transition of ownership.More details
Investors and Entrepreneurs - This busy Family Owner/Operator Hotel offers multiple streams of income. Or the building could be repurposed. Very well maintained 2 storey Wildwood, west of Edmonton. Wildwood Hotel and Saloon is just off the Yellowhead Highway gateway to the Rocky mountains and Jasper. This location is favourable to motorcyclists from Edmonton, and commonly hosts guests in the oil and gas industry. A well rounded investment with a Bar - 150 capacity (seating for 80), 4 VLT's, Patio 48 capacity, Large event beer garden 285 capacity, ATM, Pool table and a Juke Box, Restaurant (currently available for lease) - 42 capacity , 23 room Hotel, laundromat, and liquor store with walk in cooler. The sides of the building feature the Wildwood Murals installed by legendary tattoo artists. A series of summer bike days have made the Silver Spur Saloon a real destination - the store front is currently set up as a temporary tattoo parlour for these big events but has also been used as a salon. 2 on site garages for storage. Vacant lot across the street for additional parking. Long time family run business - clean and cared for with pride of ownership. Please do not approach staff with questions or requests for viewings.More details
HUGE price drop and HUGE upside potential for this Motel and laundromat. Features 23 units including 2 larger apartment style lofts.
14 rooms have kitchenettes and some rooms have been recently renovated.
Already with solid occupancy and good local reputation ready for you to step in and take it to the next level. Also includes the additional revenue stream of a fully operational public laundromat. Lots of parking and additional land for expansion.
Highly visible with road frontage on busy Hwy 49 between Rycroft and Spirit River just north of Grande Prairie. Excellent value in this property.More details
Sale of Property and Business together. Presenting a prime investment opportunity in the heart of Lethbridge, this property includes both the Ramada Inn by Wyndham and the Chinook Motel, offering a combined total of 86 rooms—66 in the Ramada and 20 in the Chinook. Centrally located, this property benefits from excellent visibility and accessibility, making it a popular choice for both leisure and business travelers. Additionally, the site features the True Swing Indoor Golf, a unique amenity that enhances the guest experience. With strong revenues and a well-established presence in the market, this property is an exceptional opportunity for investors seeking a high-performing hospitality business.More details
-Motel rooms are lease to long term tenants of $850 per a month.
-Room and roof of motel were renovated in 5 years ago.
-Only Bar in town with 5 VLTs.
-Liquor sales is $400,000 with 22~24% margin.
-New owner can run the local popular restaurant business or lease it.
-3,500 population with schools, hospital, grocery store, etc.
-1.5 hours from Calgary, 2.5 hours from Edmonton.More details
Data was last updated November 23, 2024 at 10:05 AM (UTC)
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