780-832-5880

5416 49 Avenue
Rycroft (A2166169)

$550,000
7,413 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

HUGE price drop and HUGE upside potential for this Motel and laundromat. Features 23 units including 2 larger apartment style lofts. 14 rooms have kitchenettes and some rooms have been recently renovated. Already with solid occupancy and good local reputation ready for you to step in and take it to the next level. Also includes the additional revenue stream of a fully operational public laundromat. Lots of parking and additional land for expansion. Highly visible with road frontage on busy Hwy 49 between Rycroft and Spirit River just north of Grande Prairie. Excellent value in this property.

Property details

Basic Info

MLS® #
A2166169
Property Type:
Commercial
Subtype:
Hotel/Motel
Subdivision:
NONE
Price
$550,000
Sale/Lease:
For Sale
Size:
7,413 sq.ft.
Year Built:
1979 (45 years old)

Building Info

Structure Type:
Hotel/Motel
Garage:
No
Fence:
Basement:
No
Inclusions:
Office equipment, desks, motel room furniture, landscaping equipment, laundromat equipment

Lot / Land Info

Lot Size:
1.92 acres
Water:
Public
Sewer:
Public Sewer
Zoning:
comm

Business Info

Business Name:
Crossroads Motel
Business Type:
Hotel/Motel

Materials & Systems

Heating:
Natural Gas

Listing Info

Possession:
Negotiable
Days on Market:
31
Your Realtor
  • Cord Spero

    RE/MAX Grande Prairie
    780-832-5880

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