4911 51 Avenue, Camrose, Alberta

$850,000

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0.59

Acres

About 4911 51 Avenue

Motel offers accommodations in downtown Camrose. The nearest airport is Edmonton International Airport, 60km from Camrest Motel. Guests can enjoy the on-site restaurant. Free private parking on site. All rooms offer a LED TV with premium cable, coffee machine and complimentary in-room coffee, refrigerator, microwaves, and hair dryers in the washrooms . 24-hour front desk at the property. free WiFi in rooms. Before the pandemic, average annual revenue was $500k, best year 2019 at $730k. Last 2 years revenue are low, It should recover in the next 2 years. Owner retires, great opportunity to own a motel at a reasonable price.

Features of 4911 51 Avenue

MLS® # A1259409
Price $850,000
Bathrooms 0.00
Acres 0.59
Year Built 1961
Type Commercial
Sub-Type Hotel/Motel
Status Active

Community Information

Address 4911 51 Avenue
Subdivision Downtown Camrose
City Camrose
County Camrose
Province Alberta
Postal Code T4V 0K2

Amenities

Utilities See Remarks
Parking Spaces 26
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Baseboard
Fireplace No
Has Basement No

Exterior

Roof Asphalt
Construction Wood Frame
Foundation Poured Concrete

Additional Information

Date Listed September 29th, 2022
Days on Market 356
Zoning C1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFIRST PLACE REALTY

Listing Map

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