Incredible investment opportunity awaits with this iconic inn, serving patrons since 1957! The property features 10 rentable rooms, a deluxe manager's suite, and a thriving bar with VLTs, billiard tables, arcade games, a stage, and a banquet area. Additional spaces include a restaurant, leasable business spaces, providing diverse investment avenues like a gift shop, medical space, salon, etc. The basement offers ample storage, and a bank safe adds a unique touch. Recent renovations include a new roof, updated rooms, refreshed hallways, uupdated washrooms, new beds, and a new water tank. With a downtown Evansburg location right on main street, this investment promises both historical charm and potential for lucrative returns. A detached shop for parking/storage and endless possibilities make this property an appealing venture for savvy investors ready to leave their mark for a thriving business!More details
Swan Hills Hotel ( with 8 VLT's); Liquor Store; 18 Rooms on Upper Level; Restaurant; Lounge and additional 3692 sq ft area to lease out. Seller is currently only operating the Hotel (Bar Area) and the liquor Store. The lounge; Restaurant; and remaining space have been vacant for over 8 years. The Seller stopped renting out the 18 rooms 2 years ago. Previous operation of the entire 25,460 sq.ft building the gross income was over $1.5 Million Bar and Liquor Store are profitable. Bar has 8 VLT's; seats over 160 people; Pool tables; Dart area; band area. The building occupies almost an acre of land (.95 acres) but will require extensive renovations for a portion of the roof , and interior upgrades. Building requires extensive renovations including replacing of roof, removal of mould...building/land priced accordingly. The Seller is willing to carry a 1st mortgage (to qualified Buyer) with 30%-35% down payment; 5 year Term; at 5% interest amortized over 20 years.More details
Located at the entrance of Whitecourt, this franchise hotel boasts both profitability and exceptional investment value. Situated on 2.2 acres of prime land, the property features 62 guest rooms, including 6 suites and 14 kitchenette rooms, a 60-seat lounge with 10 VLTs, a 92-seat restaurant, and a 60-seat banquet room with a party room accommodating 4 pool tables. The guest rooms cater primarily to long-term stays, with a focus on clientele from the oil and gas industry, while the bar and restaurant attract both locals and visitors alike. Since the onset of COVID-19, there has been a steady increase in revenue and income. The current owner has been operating the business for a decade since 2014 and is now looking to retire. With a staff of 18 employees, the business recorded $1.55 million in revenue for the fiscal year ending February 2023. (Given that the fiscal year for this corporation ends at the end of February, the revenue reported in the 2023 financial statements largely represents that of 2022.)More details
Courtesy of Wayne MacKinnon of Century 21 Hi-Point Realty Ltd
Status:
Active
MLS® Num:
E4399827
Major Bus.:
Accommodation/Travel and Tourism
Minor Bus.:
Hotel/Motel
Build. Type:
Low Rise (2-4 stories)
Floor Area:
9,006 sq. ft.837 m2
Motel for sale on a busy corner in Drayton Valley! 24 units including 7 suites with kitchenettes. The renovated two bedroom managers suite has a full kitchen, living room and an office space. Ready for its next investor.More details
Courtesy of Colin R Clarke of Century 21 Hi-Point Realty Ltd
Status:
Active
MLS® Num:
E4406815
Major Bus.:
Accommodation/Travel and Tourism
Minor Bus.:
Hotel/Motel
Build. Type:
Freestanding
Floor Area:
5,751 sq. ft.534 m2
Step into a piece of history with the former Winfield Hotel and former liquor store located on a spacious 100' x 120' lot. This distinctive property combines the charm of the original hotel with a thoughtfully designed addition, offering a blend of character and potential. Original Hotel + New Addition: The original structure has been expanded to include a second story over a partial basement and crawl space, providing extra room for a range of possibilities. Main Level: Open bar area, perfect for entertaining or conversion, with space for a pool table. A designated food prep area connected to both the original bar and the newly added café/deli space. Separate ladies’ and men’s washrooms, serving both the bar and café. Second Story: 9 rooms in total – 5 original rooms and 4 constructed over the addition, each with its own bathroom. Second floor is approximately 90% complete. This property is perfect for investors and visionaries. With most of the heavy lifting done, it’s ready to finish and customize!More details
Courtesy of Elizabeth Hickey of RE/MAX Real Estate
Status:
Active
MLS® Num:
E4407760
Major Bus.:
Accommodation/Travel and Tourism
Minor Bus.:
Hotel/Motel
Build. Type:
Commercial Mix
Floor Area:
18,466 sq. ft.1,716 m2
INVESTMENT OPPORTUNITY! Profitable Multi-Business Commercial Building in the Heart of Downtown Leduc. This well-established commercial property offers a rare investment opportunity in a prime location. The property includes a western-style hotel featuring 20 guest rooms (majority on monthly lease), a charming saloon bar offering 178 seats, pool table, 15 VLTs, and live entertainment, a thriving restaurant, and a separate commercial building space - all situated on a spacious lot with plenty of parking. Multiple income streams make this an attractive investment: the hotel and bar are currently owner-operated, while the restaurant and commercial space generate steady lease income, both occupied with long-term tenants. Located in the bustling heart of downtown Leduc, this property presents a great opportunity for investors looking for solid cash flow and future growth potential. Don’t miss out!More details
Seize the opportunity to own a thriving commercial property in the heart of Barrhead, Alberta. This well-maintained building boasts a successful hotel and bar operation, making it a lucrative investment. The property features 25 spacious and comfortable hotel rooms, providing a steady stream of income and attracting both business and leisure travelers. The bar offers a lively atmosphere with pool tables and VLTs, perfect for local patrons and guests alike, with a 180 person capacity. The building's exterior has been recently updated, enhancing its curb appeal. The main floor has 11,000 square feet of versatile space, ideal for various commercial uses. The second floor offers an additional 10,000 square feet, providing potential for expansion or additional services. Situated in the centre of town, this property benefits from high visibility and foot traffic. With its prime location and extensive facilities, this property is a fantastic investment opportunity. More details on realtor website.More details
Courtesy of Lalit Kumar of Century 21 Quantum Realty
Status:
Active
MLS® Num:
E4412826
Major Bus.:
Accommodation/Travel and Tourism
Minor Bus.:
Hotel/Motel
Build. Type:
Freestanding
Floor Area:
16,486 sq. ft.1,532 m2
This bustling motel, renowned for its impressive sales, offers 46 rooms, including 16 convenient kitchenettes, ideal for both short and long-term guests. The property features a spacious 2-bedroom suite for the owner or staff. Housed in a sturdy two-story concrete block building, the motel has undergone extensive recent renovations, ensuring modern comfort. Currently managed by a capable operator, it's strategically located in a thriving town supported by agriculture, forestry, and oil & gas industries, making it a lucrative investment.More details
This is a hotel with history, no stop business 123 years, stable clienteles of bar with off sale and 5 VLTs, stable long stay hotel bookings, low operating cost and high return.More details
Courtesy of Sean Lee of Royal Lepage Arteam Realty
Status:
Active
MLS® Num:
E4413292
Major Bus.:
Accommodation/Travel and Tourism
Minor Bus.:
Hotel/Motel
Build. Type:
Freestanding
Floor Area:
7,000 sq. ft.650 m2
THIS IS A VERY PROFITABLE MOTEL BUSINESS; THIS IS AN EXCELLENT OPPORTUNITY FOR A FAMILY OR 2 FAMILIES. THE PROPERTY CONSISTS OF A 29 UNIT MOTEL (19 KITCHENETTE) WITH 3 BED OWNERS SUITE, CLEAN & COMFORTABLE. HWY 856 @ 53; SE OF EDMONTON, EAST OF RED DEER. FINANCIAL STATEMENT AVAILABLE FOR SERIOUS BUYER.More details
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