Courtesy Of Royal Lepage Network Realty Corp.

5027 Lakeshore Drive, Sylvan Lake

$9,200,000


The central Alberta economy is on the rise so it's time to invest! 2022 is the Best year end results since 2016 in cash flow, occupancy rates, and average room rates etc. This Best Western Plus is a 2014 72 room, four storey, concrete and steel built hotel located in the center of town across the street from the beach area. Walking distance from shopping, dining, entertainment and the Sylvan Lake beach. Includes a boardroom, business center, fitness room, large pool and hot tub area. This is the only large newer Hotel in the beach area. Very well maintained and managed by the original owner/builder who has previously built many other much larger commercial buildings in Alberta.

Essential Information
MLS® #A2014705
Price$9,200,000
Bathrooms0.00
Acres0.81
Year Built2013
TypeCommercial
Sub-TypeHotel/Motel
StatusActive
Community Information
Address5027 Lakeshore Drive
SubdivisionDowntown
CitySylvan Lake
CountyRed Deer County
ProvinceAlberta
Postal CodeT4S 1R0
Amenities
Utilities

Electricity Connected, Water Connected, Cable Connected, Natural Gas Paid

Interior
CoolingCentral Air, Other
Heating

Hot Water, Natural Gas, Combination, Make-up Air, Zoned

Exterior
RoofFlat Torch Membrane
ConstructionBrick, Concrete, Veneer
FoundationPoured Concrete
Additional Information
Date ListedDecember 6th, 2022
Days on Market111
ZoningW-DC
Listing Details
Office

Courtesy Of Royal Lepage Network Realty Corp.

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