Sundre, AB T0M 1X0,307 MAIN AVE
Sundre, AB T0M 1X0,307 MAIN AVE
Sundre, AB T0M 1X0,307 MAIN AVE
Sundre, AB T0M 1X0,307 MAIN AVE
Sundre, AB T0M 1X0,307 MAIN AVE
Sundre, AB T0M 1X0,307 MAIN AVE
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$685,000

$699,900

2.1%
Est.Price: ?

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Est. payment /mo

0.54 Acres Lot


SOLD DATE : 07/04/2023

Key Details

Sold Price $685,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

MLS® Listing ID A2046012

Sold Date 07/04/23

Originating Board Calgary

Year Built 1979

Annual Tax Amount $7,603

Tax Year 2021

Lot Size 0.536 Acres

Acres 0.54

Property Description

Fantastic owner/operator opportunity in beautiful Sundre Alberta! This 31 room motel comes with a 3 bedroom home for the new owner, PLUS another separate/independent suite for another family! Buy a business, get 2 free homes included! At the peak of the business, revenue was approx $400,000/year. The current owners have run the business 17 years and are ready to retire. Great opportunity for the next owner to make it their own as they live and enjoy the small town atmosphere of Sundre. Of the 31 rooms, there are 4-2 bed with kitchenettes, 6-1 bed with kitchenettes, and 21 standard rooms, all with AC. The rooms rent out on average approx $70/night. Montlhly rentals are approx $1200/month. Currently, the income generated pays for all expenses including taxes and the owners live on the premise for free. Also, there is a double attached garage at the back for the owners use. There is lots of Oil and Gas business surrounding Sundre along with forestry. If you've dreamed of running your own business while living a quiet country lifestyle AND, you need a home, this could be the opportunity you've been looking for! Make your mark and start your business today!

Location

Province AB

County Mountain View County

Zoning C2

Exterior

Lot Frontage 156.0

Total Parking Spaces 35

Others

Restrictions None Known

Tax ID 57518353

Ownership Private

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Listed by RE/MAX House of Real Estate

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Andy Katoch

Agent | License ID: LDKATOCAN

+1(587) 323-4499

# 203-503 7th St S, Alberta, T1J, 0V1, Canada

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