Listing Provided Courtesy Of:
Courtesy of Syamal Raha of RE/MAX Excellence.
Address
4403 118 AV NW Edmonton, AB
Price
$ 810,000
Property Attributes
  • Listing#E4187049
  • TypeCommercial
  • CityEdmonton
  • AreaEdmonton
  • NeighbourhoodBeverly Heights
  • Postal CodeT5W 1A8
  • StyleBusiness with Property
  • Price$ 810,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7300
Listing Provided Courtesy Of:
Courtesy of Syamal Raha of RE/MAX Excellence.
Property Description

Here is an opportunity to own and operate BEVERLY MOTEL, a 17-room motel in North East Edmonton! The two-story 4,900 SF building has 15 and one-story building has 2 guest rooms (GR). 7 GR comes with full bath (FB) and 2 separate rooms with queen beds (QB). 5 GR has FB and 1xQB. Remaining 5 GR has half bath and 1xQB. Rooms are furnished with sitting area, TV, Fridge, Microwave oven, Office desk, Telephone and WiFi. The reception area is in the one-story 2,400 SF building. It has very good potential for generating more revenue. 118 Avenue front side of the building can be leased to a commercial tenant for a variety of usage including restaurant/kitchen, office/retail, etc. There is also a 3 bed-room owner/manager’s suite in this building. This space can be converted to a 2/3 bed-room suite with full kitchenette for guests. Metal roofs on both buildings are newer. All mechanical, electrical systems are in excellent shape. Operating with low net positive cash flow. Please explore the potential.

General Features

Community Beverly Heights
Listing Area Edmonton
Status ACTIVE
Type Business with Property
Year Built 1964

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in T5W 1A8

Statistics provided by Inside Real Estate

Price
AVG $780K
$810K
Visits
AVG 35
11
Year Built
AVG 1960
1964
Walkscore
AVG 64
76
Data Provided by Walkscore ® not using MLS data

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