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$ 1,950,000
Est. payment /mo
Active
Valleyview, AB
36,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 36,000 sqft
Price per Sqft $54
MLS Listing ID A2306774
Year Built 1967
Property Sub-Type Hotel/Motel
Property Description
Positioned in the heart of Alberta's thriving Peace Country,this well-established 61-room full-service hotel offers an exceptional investment opportunity in one of Northern Alberta's key service and resource-based communities. Strategically located directly on busy Highway 43,part of the CANAMEX trade corridor connecting Edmonton,Grande Prairie,British Columbia,and Alaska,the property benefits from outstanding year-round visibility,easy access,and consistent commercial traffic. Features include 56 guest rooms,5 suites,lounge with VLTs,ample on-site parking,and approximately 2.45 acres of Highway Commercial land. The on-site restaurant is fully leased,providing additional rental income. Major capital improvements completed in 2015 include electrical upgrades,packaged air-conditioning units,partial room renovations,and exterior improvements. Valleyview serves as a major regional hub supporting oil & gas,forestry,agriculture,tourism,and transportation sectors,making this an excellent opportunity to acquire an established hospitality asset in Alberta's Peace Country.
Location
Province AB
County 0481
Zoning Hwy Commercial
Interior
Fireplace No
Exterior
Garage No
Building
Dwelling Type Hotel/Motel
Others
Restrictions None Known
Listed by Century 21 Bravo Realty