JN REAL ESTATE GROUP

Fairview

FOR SALE

$8,000,000

PURCHASE PRICE

MLS A2284588

HOTEL/MOTEL · BUILT 1982

MLS A2284588 · 202 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

Exceptional opportunity to acquire a large, full-service 80-room hotel strategically located on a major provincial highway serving the greater Peace River region and surrounding Peace Country industrial corridor. This well-maintained, family-owned hospitality asset is situated on a substantial commercial land parcel with excellent highway frontage and ample parking, attracting steady year-round demand from oil & gas, forestry, construction crews, regional government travel, tourism, and commercial highway traffic. PROPERTY FEATURES: 80 guest rooms, including executive suites, bridal suite with Jacuzzi, and diverse room configurations On-site coffee shop, formal dining room, licensed pub, sports bar featuring 10 VLTs, Liquor store, Banquet room and meeting room for events and corporate functions, Large, high-end commercial kitchen with walk-in coolers and freezers. Separate structure with additional income-producing suites, On-site manager suite, extensive surface parking suitable for guest vehicles and crew trucks. Ongoing upgrades and strong maintenance history. The property is recognized as a strong regional employer and established community presence. Diversified income streams (rooms, food & beverage, liquor, VLTs, events) provide operational stability and growth potential. Positioned near the Peace River corridor, this asset serves both industrial and tourism markets, including Northern Lights visitors. Financials: Available to qualified purchasers upon execution of Confidentiality Agreement.

DETAILS

TRANSACTION

TRANSACTION
For Sale
LEASE MEASURE
Acres

BUILDING

TYPE
Hotel/Motel
YEAR BUILT
1982
CONSTRUCTION
Concrete · ICFs (Insulated Concrete Forms)

LOT & EXTERIOR

LOT SIZE (SQFT)
141,570
LOT SIZE (ACRES)
3.25

COMMUNITY

ZONING
Highway Commercial

UTILITIES & COSTS

ANNUAL TAXES
$86,010

LISTING COURTESY OF KELLI RODRIGUEZ · CENTURY 21 BRAVO REALTY

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