Rocky Park
(403) 681-7512
CIR Realty
403-247-7770
954 7 Street
Medicine Hat , Alberta T1A 7R7
Medicine Hat , Alberta T1A 7R7
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954 7 Street For Sale
$7,250,000
Strategically located directly on Highway 1 at the entrance of the city, this impeccably maintained 66-room full-service franchise hotel (including 13 kitchenette suites) offers a rare blend of steady hospitality income and massive upside potential. The property features an indoor pool and hot tub, a 3,600 sqft restaurant providing steady rental income, and a 7,000 sqft banquet space with stunning views. A major value-add opportunity exists in the 8,500 sqft main floor space, formerly a popular nightclub, which has a high potential for reopening to meet high local demand. Ideally timed for the 2026 approval of the $131.5 million Saamis Solar Project in Medicine Hat area, this hotel is perfectly positioned to house the influx of specialized workers and corporate travellers arriving for one of Canada’s largest urban solar developments.
Transaction Type
For Sale
For Sale
Days On Market
3
3
Zoning
Highway Commercial Distri
Highway Commercial Distri
Subdivision
NONE
NONE
Year Built
1973
1973
Structure Type
Hotel/Motel
Hotel/Motel
Property Type
Commercial
Commercial
Property Sub Type
Hotel/Motel
Hotel/Motel
Legal Plan
832LK
832LK
Building Area (Sq. Ft.)
57241.00
57241.00
Building Area (Sq. M.)
5317.82
5317.82
Lot Size (Sq. Ft.)
101059
101059
Lot Size (Acres)
2.32
2.32
Inclusions
N/A
N/A
Restrictions
None Known
None Known
Reports
Financial Statements
Financial Statements