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$995,000
Est. payment /mo
0.75 Acres Lot
UPDATED:
07/31/2024 05:45 PM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS® Listing ID A2137621
Year Built 1969
Lot Size 0.754 Acres
Acres 0.75
Property Description
Discover a prime investment opportunity with this meticulously maintained motel in Lloydminster, Saskatchewan. Situated along the bustling Highway 16, this property enjoys unparalleled visibility and easy access for the constant stream of travellers entering Lloydminster from the east.
The motel, renowned for its successful operation, is now available as the current owners prepare for a well-deserved retirement. The property has undergone extensive renovations, particularly in the West wing, where major upgrades have increased room capacity and provided both internal and external access for guests. The East wing, home to the majority of the guest rooms, offers convenient parking on both the North and South sides.
Adding to its appeal, the motel includes a spacious owner’s suite adjacent to the reception area, ensuring seamless management and operation. This turn-key investment (share sale) is ideal for those seeking a straightforward, manageable business venture.
Lloydminster's thriving economy, bolstered by its robust oil and gas industries, ensures a bright future for this exceptional property. Don’t miss out on the opportunity to own a piece of this vibrant community and enjoy continued success and growth.
The motel, renowned for its successful operation, is now available as the current owners prepare for a well-deserved retirement. The property has undergone extensive renovations, particularly in the West wing, where major upgrades have increased room capacity and provided both internal and external access for guests. The East wing, home to the majority of the guest rooms, offers convenient parking on both the North and South sides.
Adding to its appeal, the motel includes a spacious owner’s suite adjacent to the reception area, ensuring seamless management and operation. This turn-key investment (share sale) is ideal for those seeking a straightforward, manageable business venture.
Lloydminster's thriving economy, bolstered by its robust oil and gas industries, ensures a bright future for this exceptional property. Don’t miss out on the opportunity to own a piece of this vibrant community and enjoy continued success and growth.
Location
Province AB
County Lloydminster
Zoning C2
Interior
Heating Electric, Forced Air, Natural Gas, Wall Furnace
Cooling Central Air
Exterior
Roof Type Metal
Lot Frontage 297.0
Building
Lot Description Back Lane, City Lot, Corner Lot, Low Maintenance Landscape, Paved
Dwelling Type Hotel/Motel
Foundation Block
Structure Type Brick
Others
Restrictions None Known
Read Less Info
Listed by RE/MAX OF LLOYDMINSTER