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$1,390,000
Est. payment /mo
0.64 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS® Listing ID A2279110
Year Built 1978
Annual Tax Amount $21,862
Tax Year 2024
Lot Size 0.640 Acres
Acres 0.64
Property Sub-Type Hotel/Motel
Source Calgary
Property Description
Strategically located at the high-visibility junction of Hwy 16 and the center of town, this well-maintained 38-room motel is a premier hospitality asset in one of Alberta's most resilient economic hubs. Built with durable concrete block construction, the property offers a versatile room mix, including 6 kitchenette units and a spacious 3-bedroom owner's residence perfect for an on-site operator. With the current owners retiring, this turnkey business is primed for a seamless transition and offers an exceptional 50% seller financing option, making it a rare, high-yield opportunity for investors looking to capitalize on Edson's industrial boom.
Location
Province AB
County Yellowhead County
Zoning C-3(Highway Commercial Di
Others
Restrictions None Known
Tax ID 103121852
Ownership Private
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Listed by CIR Realty