NONE
FOR SALE
$1,290,000
PURCHASE PRICE
115 2 Street SE, Vulcan · T0L 2B0
HOTEL/MOTEL · BUILT 1974
MLS A2275330 · 206 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
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
TRANSACTION
- TRANSACTION
- For Sale
BUILDING
- TYPE
- Hotel/Motel
- YEAR BUILT
- 1974
COMMUNITY
- COMMUNITY
- NONE
- ZONING
- C3
- POSTAL CODE
- T0L 2B0
UTILITIES & COSTS
- ANNUAL TAXES
- $10,283