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$1,995,000
Est. payment /mo
81,463 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 81,463 sqft
Price per Sqft $24
Subdivision Southeast Innisfail
MLS® Listing ID A2218980
Originating Board Calgary Real Estate Board
Year Built 1974
Lot Size 1.870 Acres
Acres 1.87
Property Description
This property presents a compelling opportunity for investors or operators interested in the motel business in Innisfail. Conveniently located along Highway #2, it benefits from high visibility and consistent traffic flow, making it well-positioned to attract a steady stream of customers. Situated on 1.87 acres of commercial land, the site offers ample space not only for current operations but also for future expansion, such as adding amenities or developing additional facilities. The non-franchise model provides operational flexibility and independence—ideal for those seeking a family-run business with control over branding and management. The motel features 44 rooms, including 21 with kitchenettes, allowing for a mix of short-term and extended-stay guests, and includes a manager's suite with a kitchenette and garage for convenient on-site living. Recent renovations—covering interior updates, roofs, boilers, and hot water tanks—suggest the property is well-maintained and may require minimal immediate capital investment. Known for its affordability and strong client base, particularly among long-term renters, the business offers stable revenue potential. Prospective buyers should perform thorough due diligence, including financial review and local zoning assessments, to fully evaluate the investment's viability and explore growth opportunities. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
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Listed by Royal LePage METRO