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5110 50 Avenue St. Paul, Alberta T0A 3A0

18508 sqft

$1,190,000

* 51 Guest rooms, 1 manager suite, 2 staff rooms(can be converted to guest rooms) * 11 Kitchenettes * Have 4 bedroom suite and triple bedroom for big family group * Mixed customer groups such as oil workers, construction workers, and travellers * Most customers are long term customers * Winter time, about 8 monthly rents and summer time, about 15 monthly rents(5 rooms are rented out throughout a year) * Easy operation(currently manager operating) * A water tank replaced in 2022 and a dryer replaced in 2023 * 2 full capacity boilers, so do not worry about boiler problem * Convenient location for customers between liquor store and seven eleven * Good cap rate * Owner retiring (id:41531)

Property Details

MLS® Number A2115026
Property Type Business
Community Name St. Paul Town
Plan 9222103

Building

Constructed Date 1969
Fireplace Present No
Size Exterior 18508 Sqft
Size Interior 18508 Sqft
Total Finished Area 18508 Sqft

Land

Acreage No
Size Irregular 0.72
Size Total 0.72 Ac|21,780 - 32,669 Sqft (1/2 - 3/4 Ac)
Size Total Text 0.72 Ac|21,780 - 32,669 Sqft (1/2 - 3/4 Ac)
Zoning Description C1

https://www.realtor.ca/real-estate/26624378/5110-50-avenue-st-paul-st-paul-town

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