$1,650,000
$2,500,000
34.0%For more information regarding the value of a property, please contact us for a free consultation.
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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