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- Lake front motel property in Resort area of Sylvan Lake - vacation destination for Albertans. Profitable operation, year-round high occupancy. High season even requires one year advance booking. Lots of activities happening here all year – summer has jet skiing, wakeboarding, and beach activities; in winter, there’s hockey school, ice fishing, and snow festival, etc., unending activities. Renovated building, with 28 suites, 23 contain kitchenettes. Total building area over 10,500 sf, square lot dimension 132 SF x 132 SF right at the center and directly in front of the sandy beach. On-site 3-bedroom manager suite. Building report and Environmental report from 2012 available. The location is right in the hub of Waterfront Area Redevelopment Plan. The City has been spending money and resources to drum up your business from this year. Good revenue, high net income. Perfect for a semi-retirement life style in a resort town. Financials available for qualified buyers.

Property Details

  • ID: C4266161
  • Year Built: 2000
  • Parking Type Description: None 0 cars
  • Lot Area: 0.40 Acres
  • Property ID: 101433138
  • Status: Active
  • New Construction: No
  • Style: Other
  • Storeys: 0
  • Living Area: 10,544

Features

Condo Type Not a Condo
Ensuite YN 0
Garage YN 0
Other Frontage Metres - 40.2300, Baths Total - 0.00
Property Sub Type Hotel/Motel
Property Type Commercial
Region Red Deer County
Site Influences Visual Exposure, High Traffic Area
Listed By Bruce Liang and Ed Kwan of CENTURY 21 Bravo Realty