5110 50 Avenue, St. Paul, Alberta

$1,190,000

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0.72

Acres

About 5110 50 Avenue

* 51 Guest rooms, 1 manager suite, 2 staff rooms(can be converted to guest rooms) * 11 Kitchenettes * Have 4 bedroom suite and triple bedroom for big family group * Mixed customer groups such as oil workers, construction workers, and travellers * Most customers are long term customers * Winter time, about 8 monthly rents and summer time, about 15 monthly rents(5 rooms are rented out throughout a year) * Easy operation(currently manager operating) * A water tank replaced in 2022 and a dryer replaced in 2023 * 2 full capacity boilers, so do not worry about boiler problem * Convenient location for customers between liquor store and seven eleven * Good cap rate * Owner retiring

Facts & Features of 5110 50 Avenue

MLS® # A2115026
Price $1,190,000
Bathrooms 0.00
Acres 0.72
Year Built 1969
Type Commercial
Sub-Type Hotel/Motel
Status Active

Community Information

Address 5110 50 Avenue
Subdivision St. Paul Town
City St. Paul
County St. Paul No. 19, County of
Province Alberta
Postal Code T0A 3A0

Amenities of 5110 50 Avenue

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed March 14th, 2024
Days on Market 207
Zoning C1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCIR Realty

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