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773, 776 and 780 8 Street SW
NONE
Medicine Hat
T1A 4M5
$4,600,000
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- A2134842
- Build. Type:
- Free-Standing
- Photos (14)
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Extremely rare opportunity to acquire 4 businesses (portfolio sale of Hotel, Motel, Liquor Store & Restaurant) with real estate included! Price includes land, building, business and equipment. Inventory of Liquor Store not included. All businesses and inclusions of the sale are sold together (portfolio sale). Situated 5 minutes away from Medicine Hat Regional Airport, 2 hours west of Swift Current and 3 hours east of Calgary. Located along Highway 1 with dedicated entry and exit. Close proximity to restaurants, gas stations, hospitals and shopping centres.
Hotel: Hotel is currently operating as one of the choice hotels, Econo Lodge Inn & Suites. With excellent accessibility to Highway 1. Amenities include swimming pool, sauna, dedicated barbeque area. Single (34), Double bed (7), Double bed Kitchenette (15). Pet friendly and with free breakfast. With ample onsite parking available.
Motel : Currently operating as TC Motel. Used for long term tenants. 15 rooms with kitchenettes and 3 without it. Recently renovated.
Liquor Store: Currently operating as Bob's Liquor Store. 1,889 SqFt with 1,000 SqFt storage. Inventory is $450,000 approximately. One of the busiest liquor stores in the city.
Restaurant: Stand alone restaurant building can be leased out to increase income. Previously charged $3,600 per month for a Triple Net Lease (NNN). Recently renovated in 2021. With full commercial kitchen with one walk-in cooler and freezer and 70+ occupancy. Former Italian restaurant. Now vacant to set up any kind of restaurant. With two designated handicapped washroom.
- Property Type:
- Commercial
- Property Sub Type:
- Hotel/Motel
- Transaction Type:
- For Sale
- Possession:
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- Possession Date:
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- Building Type:
- Free-Standing, Low Rise (2-4 stories)
- Business Type:
- Hotel/Motel, Liquor Store, Restaurant
- Business Name:
- Econo Lodge Inn & Suites, TC Motel, Bob's Liquor Store
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
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- Acres Water Rights:
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- Reg. Size:
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- Reg. Size Includes:
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- Year built:
- 1964 (Age: 60)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 4349GS
- Structure Type:
- Hotel/Motel
- Ensuite:
- No
- Garage:
- 0
- NONE
- NA
- See Remarks
- Title to Land:
- Fee Simple
- Access To Property:
- Accessible to Major Traffic Route, Airport Nearby, Direct Access, Paved Road, Visual Exposure
- Num. of Parcels:
- 0
- Region:
- Medicine Hat
- Zoning:
- C-H
- Listed Date:
- May 24, 2024
- Days on Mkt:
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Listed by RE/MAX Complete Realty
Data was last updated June 23, 2024 at 12:05 AM (UTC)
- Rob Campbell
- CIR REALTY
- (403) 542-7253
- Contact by Email
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