Courtesy Of Syamal Raha Of RE/MAX Excellence

4403 118 Av Nw, Edmonton

$810,000

7,300 Sqft
0 Acres

Here is an opportunity to own and operate BEVERLY MOTEL, a 17-room motel in North East Edmonton! The two-story 4,900 SF building has 15 and one-story building has 2 guest rooms (GR). 7 GR comes with full bath (FB) and 2 separate rooms with queen beds (QB). 5 GR has FB and 1xQB. Remaining 5 GR has half bath and 1xQB. Rooms are furnished with sitting area, TV, Fridge, Microwave oven, Office desk, Telephone and WiFi. The reception area is in the one-story 2,400 SF building. It has very good potential for generating more revenue. 118 Avenue front side of the building can be leased to a commercial tenant for a variety of usage including restaurant/kitchen, office/retail, etc. There is also a 3 bed-room owner/manager’s suite in this building. This space can be converted to a 2/3 bed-room suite with full kitchenette for guests. Metal roofs on both buildings are newer. All mechanical, electrical systems are in excellent shape. Operating with low net positive cash flow. Please explore the potential.

Listing Details
Office

Courtesy Of Syamal Raha Of RE/MAX Excellence

Essential Information
MLS® #E4187049
Price$810,000
Square Footage7,300
Acres0.00
Year Built1964
TypeBusiness with Property
StyleHotel/Motel
StatusACTIVE
Sub-Type

Accommodation/Travel and Tourism

Community Information
Address4403 118 Av Nw
AreaEdmonton
SubdivisionBeverly Heights
CityEdmonton
ProvinceAB
Postal CodeT5W 1A8
Exterior
ConstructionWood Frame
Additional Information
ZoningCB2

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Listing information last updated on May 28th, 2020 at 9:31pm MDT.

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