Francis Lee

(403) 680-6130

MaxWell Canyon Creek

403-278-8899

112 12 Avenue SW
Slave Lake , Alberta T0G 2A0

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Invest in Rocky View County - Main Page Commercial

Hotel/Motel For Sale

$9,500,000

Slave Lake, Alberta

Transaction Type

For Sale

Days On Market

154

Business Name

Slave Lake Big Lake Inn

Business Type

Hotel/Motel

Zoning

C 1 Central Commercial Di

Year Built

2008

Property Type

Commercial

Building Area (Sq. Ft.)

42500.00

Lot Size (Sq. Ft.)

105415

Listing ID: 28797

MLS ID: A2172972

Three story limit service 89 room wood frame hotel that used to be NOVA Hotel and converted as Big Lake Inn from 2012 . . Slave Lake has the third largest population base of any Alberta municipality north of Edmonton. Its economy has been driven throughout the past three decades by the Oil& Gas and Forest industries. In a continuing effort to diversify the economy, Slave Lake is encouraging increases in the tourism, manufacturing, and value-added sectors. In addition, Slave Lake is further evolving into an even greater regional service centre, with additional retail, education, health, financial, government, and transportation services. Enterprising men and women recognize the almost unlimited potential for growth and spin-off business in the primary industries of petroleum and forestry, along with burgeoning activity in tourism. REVENUE(Yearend December 31 ) 2022 : $1,975,869, 2023 : $2,856,40, 2024 : $2,737,938 NET OPERATING INCOME 2022: $931,975, 2023: $1,641,247

Transaction Type
For Sale

Days On Market
154

Business Name
Slave Lake Big Lake Inn

Business Type
Hotel/Motel

Zoning
C 1 Central Commercial Di

Subdivision
NONE

Year Built
2008

Structure Type
Hotel/Motel

Property Type
Commercial

Property Sub Type
Hotel/Motel

Legal Plan
8722073

Building Area (Sq. Ft.)
42500.00