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Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2017332
Bus Major:
Hotel Motel Inn
Well run 40 room franchise motel with great online reviews, located in the heart of Camrose on highway commercial retail district, ample parking, with Dairy Queen, Wendy's and other restaurants and shopping within walking distance. A very desirable investment to make in the City of Camrose. Centrally located on Camrose's main corridor. High visibility and high traffic location. Great exposure. Close proximity to all of Camrose's new west end developments. Consistent return corporate clients: oil field, pipeline, road work, construction companies, semi long term stay and retail customers for the various activities, festivals in Camrose County. On most events date/weeks, this motel has 95% occupancy without the help of internet booking websites, so the motel operator keeps most of the profit. Solid investment especially for owner operators. Current owner is in Vancouver and planning to retire. An opportunity for someone who likes to continue this successful operation. The franchise extends to Nov 2023, after which, the new owner can continue with the current franchise, rebrand, or operate as independent. 60 meter by 60 meter flat site, zoned C2 on 48th Avenue. Seller financing considered for qualified parties with a minimum $1M down payment.
Price:
$[***]
Business (Major):
Hotel Motel Inn
Property Type:
Commercial
MLS® Num:
A2017332
Status:
Active
Courtesy of:
First Place Realty
Land size:
0.89 Acre
Building size:
17,000 sq.ft.
Year built:
1974
Zoning:
C2
# rooms:
40
Financials:
SIGNUP
  • Photo 1: Franchise Motel For Sale Alberta: Commercial for sale : MLS®# A2017332
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Marketed by Century 21 Bravo
Data was last updated December 8, 2023 at 06:05 PM (UTC)
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