$1,190,000

PURCHASE PRICE

309 Main Street , Three Hills · T0M 2A0

HOTEL/MOTEL · BUILT 1991

MLS A2159933 · 687 DAYS ON MARKET

Interested in this commercial property?

JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.

RE/MAX Complete Realty · Calgary

ABOUT THIS PROPERTY

-Motel rooms are lease to long term tenants of $850 per a month. -Room and roof of motel were renovated in 5 years ago. -Only Bar in town with 5 VLTs. -Liquor sales is $400,000 with 22~24% margin. -New owner can run the local popular restaurant business or lease it. -3,500 population with schools, hospital, grocery store, etc. -1.5 hours from Calgary, 2.5 hours from Edmonton.

DETAILS

TRANSACTION

TRANSACTION: For Sale

BUILDING

TYPE: Hotel/Motel
YEAR BUILT: 1991

LOT & EXTERIOR

LOT SIZE (SQFT): 9,950
LOT SIZE (ACRES): 0.23

COMMUNITY

COMMUNITY: NONE
ZONING: CB
POSTAL CODE: T0M 2A0

UTILITIES & COSTS

ANNUAL TAXES: $7,673