$1,325,000
$1,400,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
2 Acres Lot
SOLD DATE : 07/15/2024
Key Details
Sold Price $1,325,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
MLS® Listing ID A2138477
Sold Date 07/15/24
Originating Board Alberta West Realtors Association
Year Built 1988
Annual Tax Amount $16,477
Tax Year 2024
Lot Size 2.000 Acres
Acres 2.0
Property Description
THE GREEN GABLES INN CONSISTS OF A 46-UNIT SINGLE STORY MOTEL WITH A RESTAURANT THAT IS LEASED TO A SINGLE TENANT. THE RESTAURANT AREA CONSISTS OF 6300 SQUARE FFET OUT OF THE TOTAL AREA OF 27,400 SQUARE FEET FOR THE ENTIRE MOTEL COMPLEX. THE COMPLEX ENTAILS A WOOD FRAME STRUCTURE BUILT IN 1988 ON A 2 ACRE SITE. THE BUSINESS IS CURRENTLY OPERATED BY THE OWNER AND IS WILLLING TO SIGN A LONG-TERM LEASE FOR THE RESTAURANT.
Location
Province AB
County Woodlands County
Zoning C-7 HIGHWAY COMMERCIAL
Others
Restrictions None Known
Tax ID 56631727
Ownership Private
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