Blackfalds, AB
$4,300,000
Presented By: CIR Realty
Home Details
Prime income-generating property offered at $4.3 M, featuring 32 GUEST ROOMS, 21 VLTs, a FULL-SERVICE BAR, LIQUOR STORE, and TWO LEASED RESTAURANT spaces. This well-established operation delivers approximately $2M in ANNUAL REVENUE, with multiple diversified income streams.
Recent upgrades include approximately $2 MILLION IN RENOVATIONS (2020), with significant improvements to guest rooms including NEW WASHROOM AND SEPARATE HAVC SYSTEMS, enhancing operational efficiency and guest experience. Situated on 0.6 acres, the building spans 25,392 sq. ft., including a 11,377 sq. ft. main floor and 6,587 sq. ft. basement, allowing for efficient operations and future potential.
Owned and successfully operated by the same owner for over 20 years, this is a rare, stable, and profitable investment with proven performance.
An ideal opportunity for investors seeking a high-cash-flow asset with diversified revenue streams and strong upside potential.
Presented By: CIR Realty
Interior Features for
Other Interior Features
Building Area Total SF18805.00
Building Area Total Metres1747.03
Below Grade Finished Area Unit TypeSquareFeet
EnsuiteNo
Main Level AreasSquareFeet
General for
Building TypeCommercial Mix, Free-Standing, Low Rise (2-4 stories)
Business TypeBar/Tavern/Lounge, Hotel/Motel, Liquor Store, Restaurant
Business YNYes
CityBlackfalds
CountyLacombe County
Property SubtypeHotel/Motel
Property TypeCommercial
RestrictionsNone Known
Standard StatusActive
StatusActive
Structure TypeHotel/Motel
Transaction TypeFor Sale
Year Built1958
ZoningCommercial
Exterior for
Building Area Total18805.00
Garage Y/NNo
InclusionsN/A
Additional Details
Crystal Adamo
Sales Representative