601 12 St, Wainwright, AB

Name: 601 12 St, For Sale in Wainwright - Zoocasa
Brand: RE/MAX Complete Realty
SKU: A2315848
Price: 1390000 CAD

House

For Sale

Listed price in listed location currency (CAD).

$1,390,000

000

MLS® A2315848

Overview

Key Facts

Type Hotel-Motel

Levels Commercial Sale

Size -

Garage

Taxes

Days Active 2

Lot Size

Approx. Age 1958

MLS® Number A2315848

Property Address: 601 12 St, Wainwright, AB, T9W

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.

MLS® NumberA2315848

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1958

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 28, 2026List Date

$1,390,000List Price

Map

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