Property Details

INVESTMENT OPPORTUNITY – ARCHIE’S MOTEL

5008 – 49 AVENUE, LAMONT, AB

FOR SALE

PROPERTY HIGHLIGHTS

• Two level motel, 23 rooms with various configurations with kitchenettes
• Many recent upgrades including new roof, furniture, furnace, etc.
• Investment opportunity located within Alberta’s booming heartland industry
• Profitable turn key business, ideal for owner/operator
• Apartment style manager suite
• 32km from Ft. Saskatchewan and minutes from Elk Island National Park
• Garage and laundry on site

PROPERTY DESCRIPTION

ADDRESS: 5008 – 49 Avenue, Lamont, AB

LEGAL: Plan 3123CL; Parcel G/Plan 7922242; Block 8; Lot 4A

SITE SIZE: 0.52 Acres (+/-) (22,651 Sq.Ft. (+/-))

ZONING: Central Business Commercial (C3)

PARKING: Ample Paved Surface Parking

POSSESSION: Immediate/Negotiable

PURCHASE PRICE: $550,000.00 $495,000.00

PROPERTY TAXES: $10,000.00 (TBC)