N/A, Strathmore, Alberta

$8,100,000

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2.00

Acres

About N/A

102 well built rooms on four stories, this hotel has a large meeting room, a swimming pool with a waterslide, and a well-equipped fitness room. It is situated near many complimentary commercial developments and services such as cafes and grocery stores. Originally built as a Holiday Inn Express in 2008 and converted to Days Inn & Suites in 2010, this hotel is the best in the competitive set for the immediate area. (Trend of Revenue: 2014: $3,583,221; 2015:2,947,366; 2018: 1,455,421; 2019: 1,379,922) This town had a population of 17, 008 over the prior year according to the 2020 municipal census. There is easy access from the Calgary International Airport and it takes about forty (40) minutes to drive to this town. This town is well serviced and has its own diverse economic base, and it is also able to benefit off of Calgary’s strong, energy-based economy as well. As its history might tell you, this building adapts well to conversions and can be changed to be used as a senior residence. With a high demand for senior residences and proximity to medical services, the ideal location of this site will be able to open up business opportunities

Features of N/A

MLS® # A1040076
Price $8,100,000
Bathrooms 0.00
Acres 2.00
Year Built 2008
Type Commercial
Sub-Type Hotel/Motel
Status Active

Community Information

Address N/A
City Strathmore
County Wheatland County
Province Alberta

Amenities

Parking Spaces 102
Is Waterfront No
Has Pool No

Interior

Interior Features Elevator, High Ceilings, See Remarks
Fireplace No
Has Basement No

Exterior

Roof Asphalt Shingle
Construction Stucco
Foundation Poured Concrete

Additional Information

Date Listed October 6th, 2020
Days on Market 349
Zoning HWY Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMAXWELL CANYON CREEK

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