Athabasca, AB T9S 1B6,5211 41 AVE
Athabasca, AB T9S 1B6,5211 41 AVE
Athabasca, AB T9S 1B6,5211 41 AVE
Athabasca, AB T9S 1B6,5211 41 AVE
Athabasca, AB T9S 1B6,5211 41 AVE
Athabasca, AB T9S 1B6,5211 41 AVE
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$1,650,000

$2,500,000

34.0%
Est.Price: ?

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Est. payment /mo

8.34 Acres Lot


SOLD DATE : 05/09/2024

Key Details

Sold Price $1,650,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

Subdivision Athabasca Town

MLS® Listing ID A2020449

Sold Date 05/09/24

Originating Board Alberta West Realtors Association

Year Built 1976

Annual Tax Amount $49,887

Tax Year 2022

Lot Size 8.340 Acres

Acres 8.34

Property Description

Huge potential in this 65 room hotel located in the picturesque town of Athabasca, Alberta. The property was built in 1976 on 8.34 acres of land adjacent to Highway 2. There is currently 20 rooms that are able to be rented out and the others are needing repair or have been partially stripped with the intention of renovation. The restaurant can seat 70 people, adjacent lounge can seat an additional 50 people. Large kitchen area . The lounge has had a nice renovation with a beautiful bar area and lovely view from the top of the hill. There are currently 6 VLT’s on the premise with capacity for more. In 2021, a new roof was installed. Huge partially paved parking lot that will accommodate large trucks or crews with trailers. There is a lot of renovations that are needed throughout the hotel, but in a town that is needing more rentable rooms, this could be a gem.

Location

Province AB

County Athabasca County

Zoning C3

Interior

Heating Boiler, Natural Gas

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Roof Type Other

Building

Lot Description City Lot, Near Golf Course

Sewer Public Sewer

Water Public

Others

Restrictions None Known

Tax ID 57236114

Ownership Private

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Mark & Natalie Neustaedter

Mark & Natalie Neustaedter

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Listed by ROYAL LEPAGE COUNTY REALTY
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