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4403 118 Av Nw Edmonton, Alberta T5W 1A8

$810,000

Here is an 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:38296)

Business

Business Type Accommodation
Business Sub Type Hotel/motel

Property Details

MLS® Number E4187049
Property Type Business
Neigbourhood Beverly Heights

Building

Constructed Date 1964
Fireplace Present No

Land

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

https://www.realtor.ca/real-estate/21553021/4403-118-av-nw-edmonton-beverly-heights

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Syamal Raha
Associate

(780) 990-7242
(780) 481-1144
www.remaxcomm.ca

RE/MAX Excellence
201-5607 199 St Nw
Edmonton, Alberta T6M 0M8

(780) 481-2950
(780) 481-1144