Red Deer
MLS® Number: A2358020
$ 6,190,000
0
BEDROOMS
0 + 0
BATHROOMS
0
SQUARE FEET
1978
YEAR BUILT
CONFIDENTIAL LISTING. Established 80-room motel combined with a 9-unit commercial retail plaza on a high-traffic commercial corridor in Central Alberta. Two complementary income streams: hospitality revenue plus stable retail rent (approx. $430K annualized plaza income). Extensive capital improvements since 2017 including roofs, windows, washrooms, hot-water tanks, LED lighting, CCTV, key-card access and pylon sign. All 80 rooms renovated 2019-2020. On-site owner-operated coin laundromat. C4 zoning, separate driveways for motel and plaza. Turn-key operation. Property address, name and financials released only to qualified buyers after signing a Confidentiality Agreement. Please do not approach staff, guests or tenants.
| COMMUNITY | |
| PROPERTY TYPE | Hotel/Motel |
| BUILDING TYPE | Hotel/Motel |
| STYLE | N/A |
| YEAR BUILT | 1978 |
| SQUARE FOOTAGE | 0 |
| BEDROOMS | 0 |
| BATHROOMS | 0 |
| BASEMENT | |
| AMENITIES | |
| APPLIANCES | |
| COOLING | |
| FIREPLACE | N/A |
| FLOORING | |
| HEATING | |
| LAUNDRY | |
| LOT FEATURES | |
| PARKING | |
| RESTRICTIONS | Call Lister |
| ROOF | |
| TITLE | Fee Simple |
| BROKER | CIR Realty |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|