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$ 2,800,000
Est. payment /mo
Active
5720 44 AVE Stettler, AB T0C 2L0
21,880 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 21,880 sqft
Price per Sqft $127
MLS Listing ID A2296471
Year Built 1978
Property Sub-Type Hotel/Motel
Property Description
Strategically located limited-service Super 8 Hotel in Stettler,AB - The "Heart of Alberta" - This 49-key,two-storey property offers comfortable guest accommodations with a mix of Single Queen,Double Queen,King,and suite rooms featuring kitchenettes. Amenities include a complimentary breakfast room,business centre,and pet-friendly policy.
Situated on 1.18 acres along Highway 56 at the south entrance to Stettler,the hotel provides excellent visibility and easy access to major routes serving Central Alberta. The stable Central Alberta market,supported by agriculture,energy,tourism,and regional events,delivers consistent demand from corporate,leisure,and drive-through travellers.
Well-maintained and internationally branded,this fee-simple asset presents a compelling opportunity for investors seeking a turn-key hospitality property with strong upside potential through targeted capital improvements and management enhancements. A new metal roof was installed on both the hotel and restaurant approximately 5 years ago (valued at over $150,000)
There is a free-standing leased restaurant/lounge located on the same lot.
Situated on 1.18 acres along Highway 56 at the south entrance to Stettler,the hotel provides excellent visibility and easy access to major routes serving Central Alberta. The stable Central Alberta market,supported by agriculture,energy,tourism,and regional events,delivers consistent demand from corporate,leisure,and drive-through travellers.
Well-maintained and internationally branded,this fee-simple asset presents a compelling opportunity for investors seeking a turn-key hospitality property with strong upside potential through targeted capital improvements and management enhancements. A new metal roof was installed on both the hotel and restaurant approximately 5 years ago (valued at over $150,000)
There is a free-standing leased restaurant/lounge located on the same lot.
Location
State AB
Zoning C2
Interior
Inclusions All hotel furniture and fixtures are included "as is"
Fireplace No
Exterior
Garage No
Building
Dwelling Type Hotel/Motel
Others
Restrictions None Known
Listed by Heartland Real Estate