Turn-key 50-room motel with strong revenue (~$1.7M+) and established restaurant income. Located in a high-demand corridor serving oil & gas workforce and highway traffic. Potential franchise conversion opportunity to a recognized national brand (e.g., Super 8 by Wyndham). Preliminary discussions indicate possible franchisor-supported renovations (flooring, painting, interior upgrades), subject to approval. Excellent value-add opportunity with potential for improved branding, occupancy, and reduced capital expenditure. Large 3.39-acre site with future development potential.
Address
5402 HIGHWAY Street
List Price
$6,650,000
Property Type
Commercial
Type of Dwelling
HMOT
Transaction Type
Sale
Area
Valleyview
Sub-Area
Other
Year Built
2007
MLS® Number
A2293579
Listing Brokerage
RE/MAX Complete Realty
Postal Code
T0H 3N0
Zoning
HD (Highway Development D