Connect with me on LinkedIn
Agent Photo

Elaine Braun

Call Direct 403-606-7030

Sell Your Home for Top Dollar!



773, 776 And 780 8 Street, Medicine Hat

Motel/Hotel Property for Sale

773, 776 And 780 8 Street, Medicine Hat, MLS® # A2134842
  • MLS®#: A2134842
  • Price: $4,600,000
  • Status: Active
  • Year Built: 1964
  •  
Login or Create an Account to Access Days On Website Financial Information Legal Description Lot Zoning

Extremely rare opportunity to acquire 4 businesses (portfolio sale of Hotel, Motel, Liquor Store & Restaurant) with real estate included! Price includes land, building, business and equipment. Inventory of Liquor Store not included.. Situated 5 minutes away from Medicine Hat Regional Airport, 2 hours west of Swift Current and 3 hours east of Calgary. Located along Highway 1 with dedicated entry and exit. Close proximity to restaurants, gas stations, hospitals and shopping centres. Hotel: Hotel is currently operating as one of the choice hotels, Econo Lodge Inn & Suites. With excellent accessibility to Highway 1. Amenities include swimming pool, sauna, dedicated barbeque area. Single (34), Double bed (7), Double bed Kitchenette (15). Pet friendly and with free breakfast. With ample onsite parking available. Motel : Currently operating as TC Motel. Used for long term tenants. 15 rooms with kitchenettes and 3 without it. Recently renovated. Liquor Store: Currently operating as Bob's Liquor Store. 1,889 SqFt with 1,000 SqFt storage. Inventory is $450,000 approximately. One of the busiest liquor stores in the city. Restaurant: Stand alone restaurant building can be leased out to increase income. Previously charged $3,600 per month for a Triple Net Lease (NNN). Recently renovated in 2021. With full commercial kitchen with one walk-in cooler and freezer and 70+ occupancy. Former Italian restaurant. Now vacant to set up any kind of restaurant. With two designated handicapped washroom. **Econolodge inn and suites can be sold separately (MLS A2144903) and Bob's liquor, Tc motel and restaurant can be sold as a separate portfolio (MLS A2144925)**

Contact Elaine Braun About MLS® A2134842

Required Field

Elaine Braun, 403-606-7030 at ReMax Complete, #205, 525 28 Street SE, Calgary, Alberta, T2A 6W9

property information

  • Property Type: Motel/Hotel Property
  • MLS®#: A2134842
  • Year Built: 1964
  • Restrictions: See Remarks
  •  

Community Information

  • Address: 773, 776 and 780 8 Street
  • Neighbourhood: Medicine Hat
  • City: Medicine Hat
  • Postal Code: T1A 4M5
  •  

interior

  • Included: NA
  • Fireplace Details: For Sale
  •  
  •  

$4,600,000

Registration Benefits

By Creating an Account You'll Access:

  • More Medicine Hat Listings Browse through every listing in the MLS® System and do as many different searches as you like!
  • Days on Website & Financial Info See protected details including Days on Website, Taxes, Condo Fees, Possession Dates, and more!
  • Save Your Favorites Star favorite listings, add personal notes, and save custom searches you use frequently!
  • Real Time Email Notifications Opt in to receive emails when new properties are listed that match your saved searches!
Sign Up Today! No Obligation & Quick Authorization
 
Listing Courtesy of
RE/MAX Complete Realty
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
Elaine Braun, ReMax Complete
#205, 525 28 Street SE, Calgary, Alberta T2A 6W9
Tel: 403-606-7030
© Copyright 2024, Real Estate Websites by Redman Technologies Inc. | Privacy Policy | Sitemap

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.