4606 50 Street, Valleyview, Alberta

$1,290,000

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3.35

Acres

About 4606 50 Street

Fully renovated Cement block and stucco 35 rooms( 10 Kitchen), 2 bedroom manager with 3.355 Acres land situated on the junction of Highway 43 leading to British Columbia and Alaska via Grande Prairie and the north south stretch of Highway 49 towards Donnelly and Alberta Highway 2 towards Peace River. Valleyview's economy is primarily resource driven with oil and gas being the predominant industry. Multiple oil and gas companies operate in the area with several pipelines in the vicinity. Another notable employer in Valleyview is the Municipal District of Greenview, which has its main administrative office and several departments situated within town limits. The town is also a regional hub for medical services. -Revenue details : 2023 : $548,411, NOI)2023 :$271,082, Owner spent about $600,000 for the renovation. -Valleyview Horizon Inn 1 (99 rooms with leased restaurant) is for sale(A2103654) also and the owner is same as Horizon Inn 2 .Horizon Inn 2 is operating by at Horizon Inn 1 front system and the price , operation and profit can be better by purchasing Horizon Inn 1 & 2 together.

Facts & Features of 4606 50 Street

MLS® # A2103514
Price $1,290,000
Bathrooms 0.00
Acres 3.35
Year Built 1978
Type Commercial
Sub-Type Hotel/Motel
Status Active

Community Information

Address 4606 50 Street
Subdivision NONE
City Valleyview
County Greenview No. 16, M.D. of
Province Alberta
Postal Code T0H3N0

Amenities of 4606 50 Street

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed January 25th, 2024
Days on Market 172
Zoning Gateway commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMaxWell Canyon Creek

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