$5,200,000 FOR SALE

Business for Sale

Hotel/Motel/Inn

Total Area: 41,188 ft2

5643 50 St
Drayton Valley, AB T7A 1S1

Nestled in a prime location that promises both convenience and exclusivity, this remarkable hotel property stands as a beacon of luxury and innovation in the hospitality market. Offering a blend of comfort, style, and functionality, this hotel is designed to cater to the diverse needs of its guests, making it an ideal investment for those looking to capitalize on the thriving hospitality industry. The hotel boasts an impressive collection of 80 meticulously designed rooms, ensuring a comfortable and memorable stay for all guests. Among these, 50 rooms are equipped with modern kitchenettes, offering guests the convenience of home cooking combined with the luxury of hotel living. The property features over 100 parking spaces, accommodating guests with ease, including parking for over-sized vehicles in the back. Over $1,000,000 spent on recent upgrades. Health and wellness are paramount at this hotel, which is why guests have access to a fully equipped gym. (id:47423)

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Listed By RE/MAX River City
Data Provided By REALTORS® Association of Edmonton
MLS® Listing Number E4372322
Last Updated Feb 22, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Hotel/Motel/Inn
Franchise Non-Franchise
Neighbourhood Drayton Valley
Price History
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Detailed Information
Total Area 41,188 ft2
Community Features High Traffic Area
Features Flat site, Level
Listing Contract Date 2024-02-07
Municipal ID ZZ999999999
Property Type Business
Transaction Type For sale
Business
Business Type Accommodation
Business Subtype Hotel/motel
Building
Constructed Date 2003
Land
Total Size 48351 square feet
Acreage Yes
Size of Irregular Land 48351

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