About 5110 50 Avenue
* 51 Guest rooms, 1 manager suite, 2 staff rooms(can be converted to guest rooms) * 11 Kitchenettes * Have 4 bedroom suite and triple bedroom for big family group * Mixed customer groups such as oil workers, construction workers, and travellers * Most customers are long term customers * Winter time, about 8 monthly rents and summer time, about 15 monthly rents(5 rooms are rented out throughout a year) * Easy operation(currently manager operating) * A water tank replaced in 2022 and a dryer replaced in 2023 * 2 full capacity boilers, so do not worry about boiler problem * Convenient location for customers between liquor store and seven eleven * Good cap rate * Owner retiring
Features of 5110 50 Avenue
MLS® # | A2115026 |
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Price | $1,190,000 |
Bathrooms | 0.00 |
Acres | 0.72 |
Year Built | 1969 |
Type | Commercial |
Sub-Type | Hotel/Motel |
Status | Active |
Community Information
Address | 5110 50 Avenue |
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Subdivision | St. Paul Town |
City | St. Paul |
County | St. Paul No. 19, County of |
Province | Alberta |
Postal Code | T0A 3A0 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Fireplace | No |
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Has Basement | No |
Additional Information
Date Listed | March 14th, 2024 |
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Days on Market | 196 |
Zoning | C1 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | CIR Realty |
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