115 2 Street SE
Vulcan, Alberta
MLS® A2275330
$1,290,000
- Status
- Active
- Property type
- Business
- MLS® number
- A2275330
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1974
1 / 9Listing description
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.
Property summary
- MLS® number
- A2275330
- Property type
- Business
- Square footage
- 8,213 sq ft
- Built in
- 1974
- Annual property taxes
- $10,283.00
- Days on market
- 253 days
What would this home cost you?
Based on the $1,290,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CIR Realty, CALGARY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.