JN REAL ESTATE GROUP

NONE

FOR SALE

$2,950,000

PURCHASE PRICE

288139 658 Avenue W, Rural Foothills County · T0L 1H0

BUSINESS · BUILT 1996

MLS A2346953 · 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

A rare opportunity to purchase an established boutique accommodation business along with the land, buildings, guest accommodations, furnishings and operational assets that make it all work. Sitting on 6.65+2.4(9.05) acres with direct Highwood River frontage and incredible Rocky Mountain views, this property is already operating as a destination retreat with plenty of room to grow. The current operation includes 3 private guest cabins along with 5 guest suites in the main lodge. The cabins are beautifully finished with warm wood interiors, private bathrooms, kitchen facilities, comfortable living spaces and wood burning stoves. They have the feel you want when escaping to the Foothills, with the river, mature trees and mountains right outside your door. The approximately 4972 sq/ft AG main lodge is the heart of the property. It offers additional guest accommodations, common areas, dining and gathering spaces, kitchen facilities and separate living quarters for an owner or onsite operator. Upstairs, the lounge with its copper topped bar and rustic wood finishes is a natural gathering spot. The dining area has its own character with stone walls and a wood burning fireplace that gives the space a warm, authentic lodge feel. There is also plenty of opportunity within the main lodge itself. The private portion could remain as living quarters for someone who wants to live onsite and run the business, or it could be reworked to create additional guest suites, expanded retreat space or dedicated areas for meetings and private events. Outside is really where you understand what makes this business different. Guests aren't just booking a room here. They are coming for the experience. You have direct access to the Highwood River, Rocky Mountain views, private cabins, decks, outdoor gathering spaces, an outdoor bar, gardens and camping areas toward the back of the property. There are plenty of different ways for guests to stay, gather and enjoy the property. The location is another big part of the draw. You are only about 10 minutes from the gates of Kananaskis, giving guests easy access to everything the area has to offer while coming back to their own private retreat along the river. The property is being offered as a turnkey opportunity, with furnishings, bedding and many of the tools, equipment and operational assets needed to keep the business running included or negotiable as part of an agreed inventory. The next owner can step into an established operation from day one and still have plenty of opportunity to take it further. There are a lot of directions this business could go. Continue with nightly accommodations, grow the retreat side, pursue more corporate and wellness groups, host private events, expand the guest accommodations or make more use of the camping areas. This is much more than an acreage with a few cabins. It is an established hospitality business sitting on a piece of Foothills real estate that would be very difficult to recreate.

DETAILS

TRANSACTION

TRANSACTION
For Sale

BUILDING

TYPE
Business
YEAR BUILT
1996
ROOF
Asphalt Shingle
FOUNDATION
Poured Concrete

LOT & EXTERIOR

LOT SIZE (SQFT)
289,674
LOT SIZE (ACRES)
6.65

COMMUNITY

COMMUNITY
NONE
ZONING
DC35
POSTAL CODE
T0L 1H0

UTILITIES & COSTS

HEATING
Baseboard · In Floor · Fireplace(s) · Forced Air · Natural Gas · Wood Stove
COOLING
Central Air
ANNUAL TAXES
$8,792

LISTING COURTESY OF MATT MCBEAN · CIR REALTY

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