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Listed price in listed location currency (CAD).
$950,000

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MLS® A2241763

  • Key Facts
  • Description
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Key Facts

Type Hotel-Motel
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 151
Approx. Age 1970
MLS® Number A2241763

Property Address: 5604 4 Ave, Edson, AB, T7E1L6

Average square foot calculated using Size range provided by listing agent.

Description

For more information, please click the "More Information" button. Vendor financing available, additional fees may apply. Cash flowing Motel in Edson, Alberta Presenting the Castle Motel Edson, a well-established, high-performing hospitality property now available for purchase. Located directly on Highway 16, a major route to Jasper National Park, this 16-room motel offers unbeatable visibility, excellent curb appeal, and consistent revenue. The motel features a variety of accommodation options including standard rooms, studio kitchenettes, and one-bedroom kitchenette suites, with half of the inventory comprising full kitchen units, ideal for extended stay guests. Its strategic location places it kitty-corner to Walmart, steps from popular eateries, and directly across from the upcoming Mikes restaurant franchise, further boosting visibility and guest traffic. Consistently popular with long-term guests, the Castle Motel offers ease of operations with minimal staffing needs, strong margins, and a reliable on-site manager available to continue operations if required. Recent upgrades have significantly enhanced the guest experience, leading to strong repeat business and glowing reviews. Currently operated remotely, the business generates $220, 000 in annual revenue with an adjusted NOI of $99, 000. A hands-on owner-operator living in the onsite 3-bedroom manager’s suite could have achieved $140, 000+ savings on accommodation expenses. Now ranked 4+ stars online and a top 5 hotel amongst 16 properties in Edson, Castle Motel. Looking ahead, Edson is poised for growth. Two major projects — the $86 million Edson Leisure Centre (now underway) and the $2.8 billion ATCO Yellowhead Pipeline project (starting in early 2026) — are expected to significantly increase demand for local accommodations, providing strong upside potential for occupancy and revenue growth. Additional upside: There is room to add a 17th guest suite, with existing plumbing and washroom infrastructure already in place. This is a turnkey, cash-flowing business with flexible management options. It currently requires just 6–8 hours of work per day, making it a fantastic investment for either remote operators or owner-occupiers. Full operational training will be provided by the current owner to ensure a smooth transition. The Castle represents a rare opportunity to acquire a profitable, easy-to-run hospitality asset. Proof of funds is required. Please do not approach staff regarding the sale.
MLS® NumberA2241763
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1970
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

All hotel furniture, fixtures are included in this "AS IS"

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 21, 2025List Date
$950,000List Price
  • Commute

Commute

Starting Address
Destination Address
5604 4 Ave, Edson, AB

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