115 2 Street Se, Vulcan, Alberta T0L 2B0

MLS® # A2275330

$1,290,000

8213 SF

Property Size 8213 SqFt
Year Built 1974

Key Details

STATUS
For sale
BUILT IN
1974

Description

A well-maintained, one of few motels nestled in the hub of construction sites for solar power, wind turbine and oil related industry. Very good revenue. The average revenue for four years is $370,000. (2025: $481,000, 2024: $379,000, 2023: $291,000, 2021: $320,000. Year end is March.) Larger part of customers stay on monthly or weekly basis for the construction. The 24-key count is an ideal size for easy managing of a first-time motel buyer looking stable revenue with low purchasing budget. 13 rooms are an apartment style, a separate living area with kitchenette and a bedroom. All rooms have its own outside doors for the customer's easy access directly to the rooms. This property includes a spacious two-bedroom residence for owners or managers. There are only two hotels in the town. It is room only and very easy operation. (id:54406)

PROPERTY FEATURES

  • MLS® Number A2275330
  • Price $1,290,000
  • Square Footage: 8213 sqft
  • Plan 3289gr

Business

Business Type Accommodation Business Sub Type Hotel/motel

Buildings

Constructed Date 1974 Size Exterior 8213 Sqft
Size Interior 8213 Sqft Total Finished Area 8213 Sqft

Land

Acreage No Size Total Text Unknown
Zoning Description C3

BROKERAGE

  • Office: Cir Realty
Address

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