Ed Kwan
(403) 547-8401
FIRST PLACE REALTY
403-547-8401
4911 51 Avenue
Camrose , Alberta T4V 0K2
Camrose , Alberta T4V 0K2
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Hospitality,Hotel/Motel For Sale
$850,000
Camrose, Alberta
Transaction Type
For Sale
Days On Market
434
Business Name
Camrose Motel & Windsor Motel
Business Type
Hospitality,Hotel/Motel
Zoning
C1
Year Built
1961
Property Type
Commercial
Building Area (Sq. Ft.)
12250.00
Lot Size (Sq. Ft.)
25774
Listing ID: 18767
MLS ID: A1259409
Motel offers accommodations in downtown Camrose. The nearest airport is Edmonton International Airport, 60km from Camrest Motel. Guests can enjoy the on-site restaurant. Free private parking on site. All rooms offer a LED TV with premium cable, coffee machine and complimentary in-room coffee, refrigerator, microwaves, and hair dryers in the washrooms . 24-hour front desk at the property. free WiFi in rooms. Before the pandemic, average annual revenue was $500k, best year 2019 at $730k. Last 2 years revenue are low, It should recover in the next 2 years. Owner retires, great opportunity to own a motel at a reasonable price.
Transaction Type
For Sale
For Sale
Days On Market
434
434
Business Name
Camrose Motel & Windsor Motel
Camrose Motel & Windsor Motel
Business Type
Hospitality,Hotel/Motel
Hospitality,Hotel/Motel
Zoning
C1
C1
Subdivision
Downtown Camrose
Downtown Camrose
Building Type
See Remarks
See Remarks
Year Built
1961
1961
Structure Type
Hotel/Motel
Hotel/Motel
Property Type
Commercial
Commercial
Property Sub Type
Hotel/Motel
Hotel/Motel
Legal Plan
RN28
RN28
Building Area (Sq. Ft.)
12250.00
12250.00
Building Area (Sq. M.)
1138.05
1138.05
Lot Size (Sq. Ft.)
25774
25774
Lot Size (Acres)
0.59
0.59
Construction Type
Wood Frame
Wood Frame
Roof
Asphalt
Asphalt
Foundation
Poured Concrete
Poured Concrete
Heating
Baseboard,Natural Gas
Baseboard,Natural Gas
Inclusions
N/A
N/A
Restrictions
None Known
None Known
Reports
Call Lister
Call Lister
