Our Residential Listings For Sale

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Courtesy of Dragic Janjic and Tim Jeong of RE/MAX River City

5643 50 Street
Drayton Valley Drayton Valley T7A 1S1

$5,200,000
Business with Property

Main Photo: 5643 50 Street: Drayton Valley Business with Property for sale : MLS®# E4372322
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Status:
Active
Prop. Type:
Business with Property
MLS® Num:
E4372322
Bus Major:
Accommodation/Travel and Tourism
Bus Minor:
Hotel/Motel
Build. Type:
Low Rise (2-4 stories)
Nestled in a prime location that promises both convenience and exclusivity, this remarkable hotel property stands as a beacon of luxury and innovation in the hospitality market. Offering a blend of comfort, style, and functionality, this hotel is designed to cater to the diverse needs of its guests, making it an ideal investment for those looking to capitalize on the thriving hospitality industry. The hotel boasts an impressive collection of 80 meticulously designed rooms, ensuring a comfortable and memorable stay for all guests. Among these, 50 rooms are equipped with modern kitchenettes, offering guests the convenience of home cooking combined with the luxury of hotel living. The property features over 100 parking spaces, accommodating guests with ease, including parking for over-sized vehicles in the back. Over $1,000,000 spent on recent upgrades. Health and wellness are paramount at this hotel, which is why guests have access to a fully equipped gym.
Sale Type:
Asset
Transaction Type:
For Sale
Property Type:
Business with Property
Major Bus Type:
Accommodation/Travel and Tourism
Minor Bus Type:
Hotel/Motel
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories)
# Units:
0
Year built:
2003 (Age: 21)
Total Floor Area:
41,188 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
C-GEN
Plan:
0126269
Title to Land:
Freehold
LINC Number:
0029151438
Flat Site, High Traffic Area, Level Land, Landscaped
Num. of Parcels:
1
Days On Website:
23 day(s)
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Virtual Tour

Data was last updated March 1, 2024 at 06:30 AM (UTC)
DRAGIC JANJIC
TIM JEONG
Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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. 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.