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Listed by:

QUAD.5555 Inc. / Tim Anderson

Unique And Beautiful Boutique Inn In Western Alberta For Sale

Western Alberta, Alberta, Canada
Asking Price:
$1,475,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

What an opportunity to own a well maintained Boutique Hotel with high end renovations!

This very charming hotel is consistently rated #1 on Trip Advisor! Its nearby downtown location make it the perfect spot for families & couples looking for a private setting while remaining close to all amenities. The Inn is unique with beautifully designed guest rooms, some with jetted tubs or oversized shower stalls & fireplaces.

There is a guest house which is literally a private romantic cottage situated immediately behind the main hotel. This guest house is also pet friendly and comes with a BBQ, private yard & fire pit.

Included with the Inn is a very attractive property, literally next door. It carries the same commercial zoning as the main. The third portion of the Inn is a very attractive 2 bedroom home. at 455-3rd Street East. It is essentially adjacent to and operated with the Inn as an AIRBNB.

There is room to expand with the partially finished basement. And this home and the Inn itself, are both located just blocks from downtown and just close to a major attraction!

The full price for both properties is $1.475 million. The Inn can be purchased separately for $1.25 million.

Only In that instance, the house can be sold separately for $225,000.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

This can be an owner/operator business and there are some excellent options within the hotel but that would remove one unit from available units.

Location:

The Inn is located on the main street into downtown.

Premises Details:

Absolutely outstanding boutique hotel with11 unique rooms. It must be seen to be fully appreciated.

Business Operation

Expansion Potential:

The Airbnb house that comes with this hotel has 2 bedrooms. A third bedroom can be added into the lower level of the house.

Reasons for selling:

Owner wishes to retire.

Trading hours:

This is a hotel so it operates on a 24 availability basis.

Employees:
1 with 2 in summer
Years established:
30 years

Other Information

Support & training:

Would provide a couple of months and be on call as necessary.

Furniture / Fixtures value:
$50,000 (CAD) - included in the asking price
Inventory / Stock value:
$25,000 (CAD) - included in the asking price