6216 48 Avenue Rural Camrose County, Alberta T4V 0K6
$1,750,000
Well run 40 room franchise motel with great online reviews, located in the heart of Camrose on highway commercialretail district, ample parking, with Dairy Queen, Wendy's and other restaurants and shopping within walking distance. A very desirableinvestment to make in the City of Camrose. Centrally located on Camrose's main corridor. High visibility and high traffic location. Greatexposure. Close proximity to all of Camrose's new west end developments. Consistent return corporate clients: oil field, pipeline, roadwork, construction companies, semi long term stay and retail customers for the various activities, festivals in Camrose County. On mostevents date/weeks, this motel has 95% occupancy without the help of internet booking websites, so the motel operator keeps most of theprofit. Solid investment especially for owner operators. Current owner is in Vancouver and planning to retire. An opportunity for someonewho likes to continue this successful operation. The franchise extends to Nov 2023, after which, the new owner can continue with thecurrent franchise, rebrand, or operate as independent. 60 meter by 60 meter flat site, zoned C2 on 48th Avenue. Seller financingconsidered for qualified parties with a minimum $1M down payment. (id:42619)
Business
| Business Type | Accommodation |
| Business Sub Type | Hotel/motel |
Property Details
| MLS® Number | A2017332 |
| Property Type | Business |
| Parking Space Total | 60 |
| Plan | 7823402 |
| Total Buildings | 1 |
Building
| Constructed Date | 1974 |
| Construction Material | Wood Frame |
| Size Exterior | 17000 Sqft |
| Size Interior | 17000 Sqft |
| Total Finished Area | 17000 Sqft |
Land
| Acreage | No |
| Size Depth | 60 M |
| Size Frontage | 60 M |
| Size Irregular | 38730.00 |
| Size Total | 38730 Sqft|32,670 - 43,559 Sqft (3/4 - 1 Ac) |
| Size Total Text | 38730 Sqft|32,670 - 43,559 Sqft (3/4 - 1 Ac) |
| Zoning Description | C2 |
https://www.realtor.ca/real-estate/25162518/6216-48-avenue-rural-camrose-county
Jeff Farley
Agent
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May 21 2023 06:31:22
Calgary Real Estate Board
First Place Realty
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