Homes for sale - 4403 118 AV NW, Edmonton, AB T5W1A8

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RE/MAX Generation

generationremax@gmail.com +1(250) 858-5465

$880,000

Est. payment - /mo

0.35 Acres Lot

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UPDATED:

03/21/2022 08:35 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Beverly Heights

MLS® Listing ID E4246713

Originating Board REALTORSÂ® Association of Edmonton

Year Built 1964

Lot Size 0.349 Acres

Property Description

Great 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/managers 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. (id:24570)

Location

Province AB

Exterior

Parking Features No

View Y/N No

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Listed by RE/MAX Excellence

+1(250) 882-3335

alex@victoriahomes.com

4403 118 AV NW Edmonton, AB T5W1A8

RE/MAX Generation

Key Details

Location

Exterior

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