Ovais Siddiqui
(403) 460-3888
Grand Realty
403-460-3888
1303 Mayor Magrath Drive S
Lethbridge , Alberta T1K 2R1
Lethbridge , Alberta T1K 2R1
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1303 Mayor Magrath Drive S For Sale
$7,850,000
Sale of Property and Business together. Presenting a prime investment opportunity in the heart of Lethbridge, this property includes both the Ramada Inn by Wyndham and the Chinook Motel, offering a combined total of 87 rooms—67 in the Ramada and 20 in the Chinook. Centrally located, this property benefits from excellent visibility and accessibility, making it a popular choice for both leisure and business travelers. Additionally, the site features the True Swing Indoor Golf, a unique amenity that enhances the guest experience. With strong revenues and a well-established presence in the market, this property is an exceptional opportunity for investors seeking a high-performing hospitality business.
Transaction Type
For Sale
For Sale
Days On Market
230
230
Zoning
C-H
C-H
Subdivision
Lethbridge College
Lethbridge College
Year Built
1974
1974
Structure Type
Hotel/Motel
Hotel/Motel
Property Type
Commercial
Commercial
Property Sub Type
Hotel/Motel
Hotel/Motel
Legal Plan
3100JK
3100JK
Building Area (Sq. Ft.)
41084.00
41084.00
Building Area (Sq. M.)
3816.80
3816.80
Inclusions
Hotel Furnitures And True Swing Indoor Golf Equipment
Hotel Furnitures And True Swing Indoor Golf Equipment
Restrictions
None Known
None Known
Reports
Audited Financial Statements,Legal Description,Title
Audited Financial Statements,Legal Description,Title