5720 44 Avenue, Stettler

$2,800,000

5720 44 Avenue, Stettler — photo 15720 44 Avenue, Stettler — photo 25720 44 Avenue, Stettler — photo 35720 44 Avenue, Stettler — photo 45720 44 Avenue, Stettler — photo 55720 44 Avenue, Stettler — photo 65720 44 Avenue, Stettler — photo 75720 44 Avenue, Stettler — photo 85720 44 Avenue, Stettler — photo 9

About this property

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:66939)

Property details

Price
$2,800,000
Living area
21,880 square feet
Year built
1978
Property type
Business
MLS® number
A2296471

Location

Map showing the location of 5720 44 Avenue, Stettler

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Listing courtesy of Heartland Real Estate. Source board: Alberta West REALTORS® Association.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.