Ovais Siddiqui

(403) 460-3888

Grand Realty

403-460-3888

1303 Mayor Magrath Drive S
Lethbridge , Alberta T1K 2R1

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Invest in Rocky View County - Main Page Commercial

1303 Mayor Magrath Drive S For Sale

$7,850,000

Lethbridge, Alberta

Transaction Type

For Sale

Days On Market

244

Zoning

C-H

Year Built

1974

Property Type

Commercial

Building Area (Sq. Ft.)

41084.00

Listing ID: 28652

MLS ID: A2165361

Summary
Details

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

Days On Market
244

Zoning
C-H

Subdivision
Lethbridge College

Year Built
1974

Structure Type
Hotel/Motel

Property Type
Commercial

Property Sub Type
Hotel/Motel

Legal Plan
3100JK

Building Area (Sq. Ft.)
41084.00

Building Area (Sq. M.)
3816.80

Inclusions
Hotel Furnitures And True Swing Indoor Golf Equipment