2.06 Acre - Strathmore, Alberta

Development Description

102 well built rooms on four stories, this hotel has a large meeting room, a swimming pool with a waterslide, and a well-equipped fitness room. It is situated near many complimentary commercial developments and services such as cafes and grocery stores. Originally built as a Holiday Inn Express in 2008 and converted to Days Inn & Suites in 2010, this hotel is the best in the competitive set for the immediate area. n(Trend of Revenue: 2014: $3,583,221; 2015:2,947,366; 2018: 1,455,421; 2019: 1,379,922)nnThis town had a population of 17, 008 over the prior year according to the 2020 municipal census. There is easy access from the Calgary International Airport and it takes about forty (40) minutes to drive to this town. This town is well serviced and has its own diverse economic base, and it is also able to benefit off of Calgary’s strong, energy-based economy as well. nnAs its history might tell you, this building adapts well to conversions and can be changed to be used as a senior residence. With a high demand for senior residences and proximity to medical services, the ideal location of this site will be able to open up business opportunitiesn

Information
Property Type : Commercial
Property Sub Type : Hotel/motel
Listing Type : Resale Listings
MLS® : A1040076
Price : C$6, 700, 000
Year Built : 2008
Lot Area : 2.06 Acre
DOM : 159
Price Per SQFT : C$0
Zoning : HWY Commercial
Features
Roof Type : Asphalt shingle
Parking : 102
Furnished : Furnished
Address Map
Location Text : Strathmore,  Alberta
Additional Information
Foundation : Poured Concrete
Flooring : Carpet, Tile
Condo Type : Bare Land
Office Name : MAXWELL CANYON CREEK
Agent Name : Francis Lee
Construction Materials : Stucco
Street Direction : Se
Mls Status : Active
Standard Status : Active
Strata Maint Fee : C$0
Importer Addon
Gross Taxes : C$0
Property Analytics
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Commercial Hotel/motel
  • MLS® : A1040076
  • Lot Area : 2.06 Acre
  • Visits : 32 in 130 days
  • MAXWELL CANYON CREEK
C$6,700,000
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