$2,900,000

7474 Gaetz ( 50 ) Avenue N, Red Deer, Alberta

Super 8 motel on 1.5 acres of land, building and business for sale. Great location and busy motel right on the main drag on the North side of Red Deer. Many upgrades have been done over the last two years. Appraisal was done for Sevus Credit Union in 2013 and valued at $6,300,000. Total of 72 rooms, plus a meeting room, plus gym and Restaurant pub. The Restaurant pub is leased out for $13,000 per month. Suites are in various capacities and sizes.

Facts & Features

MLS® # A1065602
Price $2,900,000
Bathrooms 0.00
Acres 0.00
Year Built 1969
Type Commercial
Sub-Type Hotel/Motel
Status Active

Community Information

Address 7474 Gaetz ( 50 ) Avenue N
Subdivision NONE
City Red Deer
County Red Deer
Province Alberta
Postal Code T4P 1X7

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Boiler, Natural Gas
Fireplace No
Has Basement No

Exterior

Roof Tar/Gravel
Construction See Remarks
Foundation Poured Concrete

Additional Information

Date Listed February 1st, 2021
Zoning C4-Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX REALTY PROFESSIONALS

Listing Map

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