JN REAL ESTATE GROUP

NONE

LIST PRICE

$1,290,000

115 2 Street SE, Vulcan · T0L 2B0

BUILT 1974

MLS A2275330 · 206 DAYS ON MARKET

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RE/MAX Complete Realty · Calgary

What this home — and yours — is really worth right now.

ABOUT THIS HOME

A well-maintained, one of few motels nestled in the hub of construction sites for solar power, wind turbine and oil related industry. Very good revenue. The average revenue for four years is $370,000. (2025: $481,000, 2024: $379,000, 2023: $291,000, 2021: $320,000. Year end is March.) Larger part of customers stay on monthly or weekly basis for the construction. The 24-key count is an ideal size for easy managing of a first-time motel buyer looking stable revenue with low purchasing budget. 13 rooms are an apartment style, a separate living area with kitchenette and a bedroom. All rooms have its own outside doors for the customer's easy access directly to the rooms. This property includes a spacious two-bedroom residence for owners or managers. There are only two hotels in the town. It is room only and very easy operation.

DETAILS

BUILDING

TYPE
Hotel/Motel
YEAR BUILT
1974

COMMUNITY

COMMUNITY
NONE
ZONING
C3
POSTAL CODE
T0L 2B0

UTILITIES & COSTS

ANNUAL TAXES
$10,283

LISTING COURTESY OF HYUNIL KOH · CIR REALTY

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.