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$8,700,000
Est. payment /mo
42,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 42,500 sqft
Price per Sqft $204
MLS Listing ID A2172972
HOA Y/N No
Year Built 2008
Lot Size 2.420 Acres
Acres 2.42
Property Sub-Type Hotel/Motel
Property Description
Attention for the huge reduction the price ! Three story limit service 89 room wood frame hotel that used to be NOVA Hotel and converted as Big Lake Inn from 2012 . .
Slave Lake has the third largest population base of any Alberta municipality north of Edmonton. Its economy has been driven throughout the past three decades by the Oil& Gas and Forest industries.
In a continuing effort to diversify the economy, Slave Lake is encouraging increases in the tourism, manufacturing, and value-added sectors. In addition, Slave Lake is further evolving into an even greater regional service centre, with additional retail, education, health, financial, government, and transportation services. Enterprising men and women recognize the almost unlimited potential for growth and spin-off business in the primary industries of petroleum and forestry, along with burgeoning activity in tourism.
REVENUE(Yearend December 31 ) 2022 : $1,975,869, 2023 : $2,856,40, 2024 : $2,737,938
NET OPERATING INCOME 2022: $931,975, 2023: $1,641,247
Slave Lake has the third largest population base of any Alberta municipality north of Edmonton. Its economy has been driven throughout the past three decades by the Oil& Gas and Forest industries.
In a continuing effort to diversify the economy, Slave Lake is encouraging increases in the tourism, manufacturing, and value-added sectors. In addition, Slave Lake is further evolving into an even greater regional service centre, with additional retail, education, health, financial, government, and transportation services. Enterprising men and women recognize the almost unlimited potential for growth and spin-off business in the primary industries of petroleum and forestry, along with burgeoning activity in tourism.
REVENUE(Yearend December 31 ) 2022 : $1,975,869, 2023 : $2,856,40, 2024 : $2,737,938
NET OPERATING INCOME 2022: $931,975, 2023: $1,641,247
Location
Province AB
County 0507
Zoning C 1 Central Commercial Di
Interior
Inclusions Will provide
Fireplace No
Exterior
Garage No
Building
Dwelling Type Hotel/Motel
New Construction No
Others
Restrictions Utility Right Of Way
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Listed by MaxWell Canyon Creek