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Active
$1,390,000
5125 North Ave
Swan Hills
MLS® #45195848
- 10,340 Sqft
- 206,474 square feet
- Built 2009
- Hospitality
- ✓ 40+ Parking Spaces
- ✓ Spacious Layout
- ✓ Real Lot Size Listed
Fantastic opportunity to own & operate your own family-run business in Alberta. This 32-unit motel built in 2009, is a turnkey operation with income potential. Designed with long-term sustainability featuring insulated concrete construction, an 800-amp electrical system, hydronic in-floor heating, laminate flooring, Ceramic Tile Showers & Full A/C in every unit. Located on a 4.74-acre parcel zoned Highway Commercial, only 1.5 acres are currently developed, leaving Excellent potential to add a restaurant, lounge, or convenience store—ideal for involving family members in the day-to-day operations & expansion. Motel includes 16-1 bedroom & 16-2 bedroom units, no shared walls for maximum guest privacy. With 15 RV hookups, flexible rental options for daily, weekly, or monthly stays, certified appraisal & a strong 9% cap rate. This is an outstanding opportunity for families looking to build a lasting, profitable business. A rare chance to invest in your future and work side by side with those who matter most.This property is situated as a corner site that is exposed to Highway 33 and North Avenue. Along Highway 33 (Grizzy Trail) (id:66619)
Features
Interior
10,340 sqft
Lot
206,474 square feet
Parking
40 spaces
Year Built
2009
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
Estimate Your Payment
Swan Hills Mortgage Payment Calculator
Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
Interested in this property?
Contact Kirsten Bernal for more information or to arrange a showing.
Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.
