$800,000

7300 sqft

Great opportunity to own and operate BEVERLY MOTEL, a 17-room motel in North East Edmonton! The two-story 4,900 SF building has 15 and one story building has 2 guest rooms (GR). 7 GR comes with full bath (FB) and 2 separate rooms with queen beds (QB). 5 GR has FB and 1xQB. Remaining 5 GR has half bath and 1xQB. Rooms are furnished with sitting area, TV, Fridge, Microwave oven, Office desk, Telephone and WiFi. The reception area is in the one-story 2,400 SF building. It has very good potential for generating more revenue. 118 Avenue front side of the building can be leased to a commercial tenant for a variety of usage including restaurant/kitchen, office/retail, etc. There is also a 3 bed-room owner/managers suite in this building. This space can be converted to a 2/3 bed-room suite with full kitchenette for guests. Metal roofs on both buildings are newer. All mechanical, electrical systems are in excellent shape. Operating with low net positive cash flow. Please explore the potential. (id:45344)

    Get more info or book your viewing

    Business

    Business Type Accommodation
    Business Sub Type Hotel/motel

    Property Details

    MLS® Number E4246713
    Property Type Business
    Neigbourhood Beverly Heights

    Building

    Constructed Date 1964
    Size Interior 7300 Sqft

    Land

    Acreage No
    Size Irregular 15221
    Size Total 15221 Sqft
    Size Total Text 15221 Sqft

    https://www.realtor.ca/real-estate/23266240/4403-118-av-nw-edmonton-beverly-heights

    Brian Cyr
    Remax Professionals
    BrianCyr StAlbert 1
    “Brian never pressured us in any way, making us feel comfortable in our dealings with him. We would highly recommend him as a professional realtor.”
    - Bill & Kathy Hill