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MLS® A2134842

  • Key Facts
  • Description
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Key Facts

Type Hotel-Motel
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $61,804
Approx. Age 1964
MLS® Number A2134842

Property Address: 773, 776 and 780 8 Street Sw, Medicine Hat, AB, T1A4M5

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

Description

Extremely rare opportunity to acquire 4 businesses (portfolio sale of Hotel, Motel, Liquor Store & Restaurant) with real estate included! Price includes land, building, business and equipment. Inventory of Liquor Store not included.. Situated 5 minutes away from Medicine Hat Regional Airport, 2 hours west of Swift Current and 3 hours east of Calgary. Located along Highway 1 with dedicated entry and exit. Close proximity to restaurants, gas stations, hospitals and shopping centres. Hotel: Hotel is currently operating as one of the choice hotels, Econo Lodge Inn & Suites. With excellent accessibility to Highway 1. Amenities include swimming pool, sauna, dedicated barbeque area. Single (34), Double bed (7), Double bed Kitchenette (15). Pet friendly and with free breakfast. With ample onsite parking available. Motel : Currently operating as TC Motel. Used for long term tenants. 15 rooms with kitchenettes and 3 without it. Recently renovated. Liquor Store: Currently operating as Bob's Liquor Store. 1, 889 SqFt with 1, 000 SqFt storage. Inventory is $450, 000 approximately. One of the busiest liquor stores in the city. Restaurant: Stand alone restaurant building can be leased out to increase income. Previously charged $3, 600 per month for a Triple Net Lease (NNN). Recently renovated in 2021. With full commercial kitchen with one walk-in cooler and freezer and 70+ occupancy. Former Italian restaurant. Now vacant to set up any kind of restaurant. With two designated handicapped washroom. **Econolodge inn and suites can be sold separately (MLS A2144903) and Bob's liquor, Tc motel and restaurant can be sold as a separate portfolio (MLS A2144925)**Show Description
MLS® NumberA2134842
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1964
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

NA

Similar Listings

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
773, 776 and 780 8 Street Sw, Medicine Hat, AB

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