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