5507 50TH ST, Viking, AB T0B 4N0
5507 50TH ST, Viking, AB T0B 4N0
5507 50TH ST, Viking, AB T0B 4N0
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$749,900
Est. payment /mo
11,000 SqFt
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Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 11,000 sqft

Price per Sqft $68

Subdivision Viking

MLS Listing ID A2310955

Year Built 1969

Property Sub-Type Hotel/Motel

Property Description

A 36.4% REVENUE INCREASE FROM 2024 TO 2025 AND AN ADDITIONAL ~13.5% PROJECTED REVENUE INCREASE FOR 2026,THIS PROPERTY FEATURES 22 ROOMS (6 KITCHENETTES AND 13 DOUBLES) SERVING SHORT-TERM TRAVELLERS AND MONTHLY CONTRACT WORKERS. THE SALE INCLUDES AN OWNER'S RESIDENCE FEATURING A FULLY RENOVATED 1,350 SQ. FT. BUNGALOW WITH A FINISHED BASEMENT. FEATURING EXCELLENT VISIBILITY ALONG THE HIGHWAY 14 AND HIGHWAY 36 CORRIDOR,VTB FINANCING MAY BE AVAILABLE TO QUALIFIED BUYERS SUBJECT TO SELLER APPROVAL.

Location

Province AB

County 0020

Zoning c2

Interior

Inclusions SELLER WILL PROVIDE THE LIST

Fireplace No

Exterior

Garage No

Building

Dwelling Type Hotel/Motel

Others

Restrictions None Known


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Listed by RE/MAX Real Estate (Mountain View)

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Chris Forsyth

Chris Forsyth

+1(403) 391-8141

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