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4515 Lakeshore Drive Sylvan Lake, Alberta T4S 1C3

10544 sqft
See Remarks

$2,290,000

Good value for the property in lake front. Great opportunity to own a LAKE FRONT motel located in town with over 1 million visitors each year. The property has 17,424 sq.ft. land & 10,544 sq.ft. building, with 28 suites (has 23 kitchenettes) plus living quarter. New roof and new hot water tank were completed recently. The building was totally renvavted and the third floor was added on the west building in 2000 after it was built in 1960's. * Additional Note: This motel is just located in hub of Sylvan Lake Sustainable Water Front Area Redevelopment Plan. This big project was launched in January 2019 which is totaly a re-imagine for Waterfront New Projects. Please see attachment about Sylvan Lake Re-development Plan. It can be redeveloped as multi units residence. (id:42619)

Business

Business Type Accommodation
Business Sub Type Hotel/motel

Property Details

MLS® Number A1237583
Property Type Business
Plan Rn81

Building

Basement Type Unknown
Constructed Date 2000
Heating Type See Remarks
Size Exterior 10544 Sqft
Size Interior 10544 Sqft
Total Finished Area 10544 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Irregular 17424.00
Size Total 17424 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac)
Size Total Text 17424 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac)
Zoning Description W-dc

https://www.realtor.ca/real-estate/24638982/4515-lakeshore-drive-sylvan-lake

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