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CAABWainwrightWainwright601 12 Avenue
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601 12 Avenue, Wainwright, AB

House

For Sale

$X
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000

MLS® A2315848

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Business Opportunity
Size 9048 sqft
Garage 
Taxes $18,700
Days Active 2
Lot Size 
Approx. Age 1958
Avg. Price Per Sqft $153
MLS® Number A2315848

Property Address: 601 12 Avenue, Wainwright, AB, T9W1B3

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

Description

Well-maintained 24-room motel located in Wainwright, offering stable cash flow and a semi-absentee ownership structure. The property generates approximately $341, 000 in annual revenue with an estimated NOI of ~$139, 000, providing an attractive return for investors.The motel features a strong mix of clientele including work crews, healthcare professionals, railway personnel, and general travelers, with approximately 50% of occupancy from long-term stays, ensuring consistent and predictable income. Fully renovated in 2016, the property is in turn-key condition with minimal immediate capital expenditure required. A new hot water tank was installed in 2025.The business is currently operated by an on-site manager couple, making it an ideal opportunity for investors seeking a passive or semi-passive income stream. The property includes a manager’s suite attached to the front office for efficient operations.Situated on a 1.5-acre site, the property offers additional upside potential for future expansion or redevelopment. Excellent opportunity to acquire a stable hospitality asset in a resilient regional market. (id:58753)Show Description
MLS® NumberA2315848
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1958
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
-End Date
Not Sold YetSold Price

For Sale

May 28, 2026List Date
$1,390,000List Price
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Starting Address
Destination Address
601 12 Avenue, Wainwright, AB

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