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Mani Bagga

REALTOR®, FRI, CRES, CLHMS, SRES, ABR

  • Office 780-431-5615
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Courtesy Of Syamal Raha Of RE/MAX Excellence

4403 118 Av Nw, Edmonton, AB – $810,000

  • $810k Price
  • 7,300 Sqft
  • $810k Price
  • 7,300 Sqft

4403 118 Av Nw

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.

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

Listing Details

Office

Courtesy Of Syamal Raha Of RE/MAX Excellence

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Courtesy Of Syamal Raha Of RE/MAX Excellence.

Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.

Copyright 2020 by the REALTORS® Association of Edmonton. All rights reserved.

Listing information last updated on July 2nd, 2020 at 3:31am CDT.