53.570126 -113.40973

4403 118 Avenue Edmonton, AB T5W 1A8

Murray Glick
Murray Glick
Associate
201, 5607-199 Street Edmonton AB T6M 0M8
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262653450 53.570126 -113.40973 732 /listing/262653450-150112695/4403-118-avenue-edmonton-ab-t5w-1a8 False 0 810000.0 7300 107 E4187049 True
  • $810,000
  • 4403 118 Avenue Edmonton, AB T5W 1A8
  • 7,300 sqft

Property & Neighborhood Info

Courtesy Of Syamal Raha , RE/MAX Excellence

Business in Edmonton

Here is an opportunity to own and operate BEVERLY MOTEL, a 17-room motel in North East Edmonton! The two-story 4,900 SF building has 15 and one-story building has 2 guest rooms (GR). 7 GR comes with full bath (FB) and 2 separate rooms with queen beds (QB). 5 GR has FB and 1xQB. Remaining 5 GR has half bath and 1xQB. Rooms are furnished with sitting area, TV, Fridge, Microwave oven, Office desk, Telephone and WiFi. The reception area is in the one-story 2,400 SF building. It has very good potential for generating more revenue. 118 Avenue front side of the building can be leased to a commercial tenant for a variety of usage including restaurant/kitchen, office/retail, etc. There is also a 3 bed-room owner/manager's suite in this building. This space can be converted to a 2/3 bed-room suite with full kitchenette for guests. Metal roofs on both buildings are newer. All mechanical, electrical systems are in excellent shape. Operating with low net positive cash flow. Please explore the potential.

Courtesy Of Syamal Raha , RE/MAX Excellence
  1. 7,300 Sq. Ft.

Main Features

  • Listing Status: Active
  • Year Built: 1964
  • Zoning: CB2
  • Subdivision: Beverly Heights
  • MLS® Number:E4187049

Additional Features

  • Business Type:
    • Accommodation/Travel and Tourism
    • Hotel/Motel
  • Type:
    • Business with Property
  • Community:
    • Beverly Heights
  • Lot Size (Hectares):
    • 0
  • Lot Size (Sq. Mtrs.):
    • 0
  • Lot Size Sq Ft:
    • 15221
  • Total Flr Area (SF):
    • 7300
Neighborhood info courtesy of Homes.com © 2020