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$8,000,000
Est. payment /mo
63,540 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 63,540 sqft
Price per Sqft $125
MLS Listing ID A2284588
Year Built 1982
Lot Size 3.250 Acres
Acres 3.25
Property Sub-Type Hotel/Motel
Property Description
Exceptional opportunity to acquire a large,full-service 80-room hotel strategically located on a major provincial highway serving the greater Peace River region and surrounding Peace Country industrial corridor. This well-maintained,family-owned hospitality asset is situated on a substantial commercial land parcel with excellent highway frontage and ample parking,attracting steady year-round demand from oil & gas,forestry,construction crews,regional government travel,tourism,and commercial highway traffic. PROPERTY FEATURES: 80 guest rooms,including executive suites,bridal suite with Jacuzzi,and diverse room configurations
On-site coffee shop,formal dining room,licensed pub,sports bar featuring 10 VLTs,Liquor store,Banquet room and meeting room for events and corporate functions,Large,high-end commercial kitchen with walk-in coolers and freezers. Separate structure with additional income-producing suites,On-site manager suite,extensive surface parking suitable for guest vehicles and crew trucks. Ongoing upgrades and strong maintenance history. The property is recognized as a strong regional employer and established community presence. Diversified income streams (rooms,food & beverage,liquor,VLTs,events) provide operational stability and growth potential. Positioned near the Peace River corridor,this asset serves both industrial and tourism markets,including Northern Lights visitors. Financials: Available to qualified purchasers upon execution of Confidentiality Agreement.
On-site coffee shop,formal dining room,licensed pub,sports bar featuring 10 VLTs,Liquor store,Banquet room and meeting room for events and corporate functions,Large,high-end commercial kitchen with walk-in coolers and freezers. Separate structure with additional income-producing suites,On-site manager suite,extensive surface parking suitable for guest vehicles and crew trucks. Ongoing upgrades and strong maintenance history. The property is recognized as a strong regional employer and established community presence. Diversified income streams (rooms,food & beverage,liquor,VLTs,events) provide operational stability and growth potential. Positioned near the Peace River corridor,this asset serves both industrial and tourism markets,including Northern Lights visitors. Financials: Available to qualified purchasers upon execution of Confidentiality Agreement.
Location
Province AB
Zoning Highway Commercial
Interior
Fireplace No
Exterior
Garage No
Building
Dwelling Type Hotel/Motel
Others
Restrictions None Known
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Listed by Century 21 Bravo Realty
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