Thomas Koh
(403) 294-1500

CIR REALTY
403-294-1500

4515 Lakeshore Drive
  Sylvan Lake , Alberta   T4S 1C3
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Hospitality,Hotel/Motel For Sale

$2,290,000
Sylvan Lake, Alberta

Listing ID: 16239
MLS ID: A1237583
Good value for the property in lake front. Great opportunity to own a LAKE FRONT motel located in town with over 1 million visitors each year. The property has 17,424 sq.ft. land & 10,544 sq.ft. building, with 28 suites (has 23 kitchenettes) plus living quarter. New roof and new hot water tank were completed recently. The building was totally renvavted and the third floor was added on the west building in 2000 after it was built in 1960's. * Additional Note: This motel is just located in hub of Sylvan Lake Sustainable Water Front Area Redevelopment Plan. This big project was launched in January 2019 which is totaly a re-imagine for Waterfront New Projects. Please see attachment about Sylvan Lake Re-development Plan. It can be redeveloped as multi units residence.

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