HUGE price drop and HUGE upside potential for this Motel and laundromat. Features 23 units including 2 larger apartment style lofts.
14 rooms have kitchenettes and some rooms have been recently renovated.
Already with solid occupancy and good local reputation ready for you to step in and take it to the next level. Also includes the additional revenue stream of a fully operational public laundromat. Lots of parking and additional land for expansion.
Highly visible with road frontage on busy Hwy 49 between Rycroft and Spirit River just north of Grande Prairie. Excellent value in this property.
Address
5416 49 Avenue
List Price
$550,000
Property Type
Commercial
Type of Dwelling
Hotel/Motel
Area
Rycroft
Sub-Area
Other
Lot Size
83635 Sq. Ft.
Year Built
1979
MLS® Number
A2166169
Listing Brokerage
RE/MAX Grande Prairie
Postal Code
T0H 3A0
Zoning
comm