5402 HIGHWAY Street
Valleyview, Alberta
MLS® A2293579
$6,650,000
- Status
- Active
- Property type
- Business
- MLS® number
- A2293579
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 2007
1 / 5Listing description
Turn-key 50-room motel with strong revenue (~$1. 7M+) and established restaurant income. Located in a high-demand corridor serving oil & gas workforce and highway traffic.
Potential franchise conversion opportunity to a recognized national brand (e. g. , Super 8 by Wyndham).
Preliminary discussions indicate possible franchisor-supported renovations (flooring, painting, interior upgrades), subject to approval. Excellent value-add opportunity with potential for improved branding, occupancy, and reduced capital expenditure. Large 3.
39-acre site with future development potential.
Property summary
- MLS® number
- A2293579
- Property type
- Business
- Square footage
- 35,140 sq ft
- Title
- Freehold
- Built in
- 2007
- Annual property taxes
- $27,073.00
- Days on market
- 164 days
What would this home cost you?
Based on the $6,650,000 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 Complete 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.