5125 North Ave
Swan Hills, Alberta
MLS® 45195848
$1,390,000
- Status
- Active
- Property type
- Hospitality
- MLS® number
- 45195848
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 2009
1 / 26Listing description
Fantastic opportunity to own & operate your own family-run business in Alberta. This 32-unit motel built in 2009, is a turnkey operation with income potential. Designed with long-term sustainability featuring insulated concrete construction, an 800-amp electrical system, hydronic in-floor heating, laminate flooring, Ceramic Tile Showers & Full A/C in every unit.
Located on a 4. 74-acre parcel zoned Highway Commercial, only 1. 5 acres are currently developed, leaving Excellent potential to add a restaurant, lounge, or convenience store—ideal for involving family members in the day-to-day operations & expansion.
Motel includes 16-1 bedroom & 16-2 bedroom units, no shared walls for maximum guest privacy. With 15 RV hookups, flexible rental options for daily, weekly, or monthly stays, certified appraisal & a strong 9% cap rate. This is an outstanding opportunity for families looking to build a lasting, profitable business.
A rare chance to invest in your future and work side by side with those who matter most. This property is situated as a corner site that is exposed to Highway 33 and North Avenue. Along Highway 33 (Grizzy Trail)
Property summary
- MLS® number
- 45195848
- Property type
- Hospitality
- Square footage
- 10,340 sq ft
- Land size
- 206474.4 square feet
- Built in
- 2009
- Parking
- 40 spaces
- Days on market
- 51 days
What would this home cost you?
Based on the $1,390,000 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 RE/MAX Real Estate, Edmonton.
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.