5604 4 Avenue For Sale

For more information, please click Brochure button. Opportunity Awaits: The Cash-Flowing Castle Motel in Edson, Alberta. Presenting the Castle Motel Edson, a well-established, high-performing hospitality property now available for purchase. Located directly on Highway 16, a major route to Jasper National Park, this 16-room motel offers unbeatable visibility, excellent curb appeal, and consistent revenue. The motel features a variety of accommodation options including standard rooms, studio kitchenettes, and one-bedroom kitchenette suites, with half of the inventory comprising full kitchen units — ideal for extended-stay guests. Its strategic location places it kitty-corner to Walmart, surrounded by popular eateries, and directly across from the site of the upcoming Mikes restaurant franchise, further boosting visibility and guest traffic. Consistently popular with long-term guests, the Castle Motel offers ease of operations with minimal staffing needs, strong margins, and a reliable on-site manager available to continue operations if required. Recent upgrades have significantly enhanced the guest experience, leading to strong repeat business and glowing reviews. Currently operated remotely, the business generates $220,000 in annual revenue with an adjusted NOI of $95,000. A hands-on owner-operator living in the onsite 3-bedroom manager’s suite could easily achieve $140,000+ through operational cost savings. Now ranked 4+ stars online and 5th out of 16 properties in Edson, Castle Motel stands out for quality, comfort, and return on investment. Looking ahead, Edson is poised for growth. Two major projects — the Edson Leisure Centre (now underway) and the ATCO Yellowhead Pipeline project (starting in early 2026) — are expected to significantly increase demand for local accommodations, providing strong upside potential for occupancy and revenue growth. Additional upside: There is room to possibly add a 17th guest suite, with existing plumbing and washroom infrastructure already in place. Completion cost is estimated $10,000. This is a turnkey, cash-flowing business with flexible management options. It currently requires just 6–8 hours of work per day, making it a fantastic investment for either remote operators or owner-occupiers. Full operational training will be provided by the current owner to ensure a smooth transition. The Castle Motel represents a rare opportunity to acquire a profitable, easy-to-run hospitality asset in a growing Alberta market. Offered “as is” and priced to sell quickly, the Castle Motel represents a rare opportunity to acquire a profitable, easy-to-run hospitality asset in a growing Alberta market. Note: Proof of funds is required. Traditional financing options for motels in Alberta may be limited. Please do not approach staff regarding the sale.