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SOLD: 24 rooms Motel, East of Calgary AB, $449,500

Posted on February 28, 2020 by ABC Commercial Group

SOLD: 24 rooms Motel, East of Calgary AB, $449,500

Land, buildings and active business for sale. 6 VLTS. 24 renovated rooms, 2 laundry rooms, 120 seat tavern, room for liquor store, new boiler and furnace. Lots of History. Liquor and food inventory extra at closing. Great manager and staff. Across the street from new Town Hall. Very busy with good room revenue. Associate company applying for Cannabis Retail Store.

Owner will sell and lease back if interested. Fully renovated rooms and bar area. Town approval for Cannabis store. Associate company applying for retail cannabis licence 6 VLTS and steady income. Applying for cannabis retail licence owner will lease back.

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