A well-maintained, one of few motels nestled in the hub of construction sites for solar power, wind turbine and oil related industry. Very good revenue. The average revenue for four years is $370,000. (2025: $481,000, 2024: $379,000, 2023: $291,000, 2021: $320,000. Year end is March.) Larger part of customers stay on monthly or weekly basis for the construction. The 24-key count is an ideal size for easy managing of a first-time motel buyer looking stable revenue with low purchasing budget. 13 rooms are an apartment style, a separate living area with kitchenette and a bedroom. All rooms have its own outside doors for the customer's easy access directly to the rooms. This property includes a spacious two-bedroom residence for owners or managers. There are only two hotels in the town. It is room only and very easy operation.
Address
115 2 Street SE
List Price
$1,290,000
Property Type
Commercial
Type of Dwelling
Hotel/Motel
Transaction Type
Sale
Area
Vulcan
Sub-Area
Other
Year Built
1974
MLS® Number
A2275330
Listing Brokerage
CIR Realty
Postal Code
T0L 2B0
Zoning
C3