Rare opportunity to own the highly profitable 22-room viking lamplighter motel strategically located at 5507 50 street! This turnkey business is a powerhouse for an owner-operator, featuring 6 kitchenettes and 13 double rooms perfectly equipped for steady income from short-term travelers and long-term contract workers. The sale includes an unmatched owner’s lifestyle featuring a fully renovated 1,350 sq. Ft. Bungalow with a finished basement , a premium living standard rarely found in the industry. Boasting a 36% revenue increase year-over-year from 2024 to 2025, this business shows a consistent upward trajectory. Positioned directly across from the high school near essential services, the site offers excellent visibility and long-term land value. Well-maintained with a loyal clientele and proven sales history, vtb financing options may be available for qualified buyers. Invest in this high-yield asset in a growing community today!
- Asking Price:
- $749,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $100K - $250K (CAD)
- Cash Flow:
- $100K - $250K (CAD)
Property Information
- Real Estate:
-
Real Property Included
- Living Accommodation:
-
AN UNMATCHED OWNER’S LIFESTYLE FEATURING A FULLY RENOVATED 1,350 SQ. FT. BUNGALOW WITH A FINISHED BASEMENT , A PREMIUM LIVING STANDARD RARELY FOUND IN THE INDUSTRY.
- Size in square feet:
- 11,000
Business Operation
- Years established:
- 1969
Other Information
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
