Grimshaw, AB T0H 1W0,4901 51 ST
Grimshaw, AB T0H 1W0,4901 51 ST
Grimshaw, AB T0H 1W0,4901 51 ST
Grimshaw, AB T0H 1W0,4901 51 ST
Grimshaw, AB T0H 1W0,4901 51 ST
Grimshaw, AB T0H 1W0,4901 51 ST
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$305,000

$474,900

35.8%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 05/03/2023

Key Details

Sold Price $305,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

MLS® Listing ID A2028764

Sold Date 05/03/23

Originating Board Grande Prairie

Year Built 1960

Annual Tax Amount $5,349

Tax Year 2020

Property Description

Looking to become a business owner? Here's your chance to acquire a thriving turn-key motel with plenty of potential. This property has been meticulously maintained and boasts a prime location just off the main highway in Grimshaw, close to all amenities. Sitting on a spacious 23,338 sq ft parcel, the motel offers 15 units, including a suite, and features ample parking in an oversized gravel lot. The units include two with kitchenettes, eight 2-bedroom units, and five 1-bedroom units. With some modifications, the motel could easily be transformed into long-term rentals, potentially creating 11 suited units with kitchens. Additionally, the adjacent house is also available for sale, currently functioning as an on-site 24-hour live-in office (A2028766), and another house built on a double lot (A2028767). With the purchase of all three properties, you could own six lots and three separate properties. Don't miss out on this excellent opportunity - schedule a viewing today!

Location

Province AB

County Peace No. 135, M.d. Of

Zoning NR

Others

Restrictions Call Lister

Tax ID 56524914

Ownership Private

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Mark & Natalie Neustaedter

Mark & Natalie Neustaedter

+1(403) 585-6908

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Grassroots Realty Group Ltd.
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