NONE
FOR SALE
$999,000
PURCHASE PRICE
504 & 506 Main Street , Manning · T0H2M0
HOTEL/MOTEL · BUILT 1947
MLS A2342680 · 0 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
An exceptional opportunity to acquire a diversified hospitality business with multiple income streams and strong upside potential—without the investment typically required for a large hotel operation. Located in Manning, Northern Alberta, this property combines a 25-room motel and a 23-room hotel, along with owner/manager living quarters featuring 2 bedrooms, a kitchen and living room. Multiple revenue sources include monthly room rentals, a liquor store, a licensed bar with 6 VLTs, and seasonal karaoke nights. The karaoke operation generates approximately $50,000 in additional annual revenue during the winter season. Several rooms are also rented monthly, providing stable recurring income, while a vacant restaurant space offers an opportunity to create an additional revenue stream through leasing or reopening the restaurant. An ideal opportunity for an owner-operator or investor seeking multiple sources of income, manageable operating costs, and significant potential to increase revenue through hands-on management and further development of the existing business.
DETAILS
TRANSACTION
- TRANSACTION
- For Sale
BUILDING
- TYPE
- Hotel/Motel
- YEAR BUILT
- 1947
COMMUNITY
- COMMUNITY
- NONE
- ZONING
- C-1
- POSTAL CODE
- T0H2M0
UTILITIES & COSTS
- ANNUAL TAXES
- $5,500