SinghBrothers.ca


LOADING

Unknown Address ,

12500 sqft
Radiant Heat Acreage

$2,300,000

This hotel consists of a full service hotel that contains 62 guest rooms with 2.84Acres land , a restaurant, a lounge, (9 VLT) a meeting room, and other related hotel amenities. This includes a Main Building (28 rooms) and an Annex Building (34 rooms). The Main Building contains a one-storey component (common areas) and a two-storey component (hotel room component). The Annex Building is a one-storey structure. The Main Building was completed in 1979 and the Annex Building was completed in 1993. Similar to many Central Alberta communities, the economy of this town is based primarily on the forestry and oil and gas industries. Forestry is supported primarily by three companies. Tourism also plays a minor role in the local economy. This hotel has been operated by GM. Owner is operating another business in other province. Revenue detail( 2017:$2,222,388, 2018: $2, 009,381,2019 : $1,633,222, 2020 :$1,469,213 2021 : $1,120,491), Huge amount of the price reduction from $5,500,000!! (id:51013)

Business

Business Type Accommodation
Business Sub Type Hotel/motel

Property Details

MLS® Number A1230832
Property Type Business
Plan 1584ny

Building

Basement Type Unknown
Constructed Date 1984
Heating Type Radiant Heat
Size Exterior 12500 Sqft
Size Interior 12500 Sqft
Total Finished Area 12500 Sqft

Land

Acreage Yes
Size Irregular 2.84
Size Total 2.84 Ac|2 - 4.99 Acres
Size Total Text 2.84 Ac|2 - 4.99 Acres
Zoning Description C3

https://www.realtor.ca/real-estate/24556958/whitecourt

Interested?

Contact us for more information


Generating Captcha

Francis C. Lee
Associate Broker

(403) 680-6130
(403) 278-8953
www.canadacommercialrealty.ca

Maxwell Canyon Creek
#203, 20 Sunpark Plaza Se
Calgary, Alberta T2X 3T2

(403) 278-8899
(403) 278-8953

Your Favourites

 

No Favourites Found

 

Singh Brothers Realty Inc.Are You Interested in Buying, Selling, Leasing, Residential or Commercial Properties

Register Here For Unmatched Pricing