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$ 2,490,000
Est. payment | /mo
2.84 Acres Lot
$ 2,490,000
Est. payment | /mo
2.84 Acres Lot
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Subdivision Leduc Common
MLS® Listing ID A2186574
Year Built 1991
Lot Size 2.840 Acres
Acres 2.84
Property Sub-Type Hotel/Motel
Property Description
The subject is well located and easily accessible to a major north/south throughfare, Highway 2 which connects Edmonton and Calgary. Huge 2.84 Acres of C3(General Commercial District) zone of land with 2 storey 48 units of (288Sqft/room) the motel. It can be developed such as clinic, Automotive Sales, restaurants and other professional office, recycling, storage etc at the extra land with a motel business operation (Refer to the zone classification). The subject has a 6.75% site coverage ratio which is substantially less than maximum allowable under the zoning regulation for the C3 Classification( 30%).
Revenue Details (Year end June 30) 2022: $237,767, 023 : $331,578 , 2024 : $447,209 , NOI : 2023 : $131,968, 2024 :$264,431
Revenue Details (Year end June 30) 2022: $237,767, 023 : $331,578 , 2024 : $447,209 , NOI : 2023 : $131,968, 2024 :$264,431
Location
State AB
County Leduc
Zoning C3
Building
Dwelling Type Hotel/Motel
Others
Restrictions See Remarks
Tax ID 56782967
Listed by MaxWell Canyon Creek
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