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$ 2,800,000
Est. payment | /mo
21,880 SqFt
$ 2,800,000
Est. payment | /mo
21,880 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 21880
Square Footage 21,880 sqft
Price per Sqft $127
MLS® Listing ID A2296471
Year Built 1978
Property Description
Strategically located limited-service Super 8 Hotel in Stettler, AB - The "Heart of Alberta" - This 49-key, two-storey property offers comfortable guest accommodations with a mix of Single Queen, Double Queen, King, and suite rooms featuring kitchenettes. Amenities include a complimentary breakfast room, business centre, and pet-friendly policy. Situated on 1.18 acres along Highway 56 at the south entrance to Stettler, the hotel provides excellent visibility and easy access to major routes serving Central Alberta. The stable Central Alberta market, supported by agriculture, energy, tourism, and regional events, delivers consistent demand from corporate, leisure, and drive-through travellers. Well-maintained and internationally branded, this fee-simple asset presents a compelling opportunity for investors seeking a turn-key hospitality property with strong upside potential through targeted capital improvements and management enhancements. A new metal roof was installed on both the hotel and restaurant approximately 5 years ago (valued at over $150,000)There is a free-standing leased restaurant/lounge located on the same lot. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by Heartland Real Estate
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