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$8,100,000
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MLS® Number: A1040076

Listing Description

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 (5388083)

Property Summary

Property Type
Business
Title
Condominium/Strata
Land Size
2.06 ac|2 - 4.99 acres
Built in
2008
Annual Property Taxes
$66,960.91
Total Parking Spaces
102
Time on REALTOR.ca
1066 days

Building

Interior Features
Flooring
Carpeted, Tile
Basement Type
Unknown
Building Features
Features
See remarks, Elevator
Foundation Type
Poured Concrete
Total Buildings
1
Exterior Features
Exterior Finish
Stucco
Business
Business Type
Accommodation (Hotel/motel)
Parking
Total Parking Spaces
102

Measurements

Square Footage
56625 sqft
Total Finished Area
56625 sqft
Exterior Building Size
56625 sqft

Land

Lot Features
Fencing
Not fenced
Other Property Information
Zoning Description
HWY Commercial
Data provided by: Independent
Francis C. Lee