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7474 Gaetz 50 Av, Calgary, Alberta - MLS® C4164944

FOR SALE $4,500,000.00
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MLS® C4164944 - 30,871 square feet, Commercial Hotel/Motel located 7474 Gaetz 50 Av, Red Deer, Alberta

Great location and busy motel right on the main drag on the north side of red deer. Many upgrades have been done over the last two years. Appriasal was done for sevus credit union in 2013 and valued at $6,300,000. First mortgage of $2,400,000 at 4% interest is assumable as long as buyer is qualified. Total of 72 rooms, plus a meeting room, plus gym and restaurant pub. The restaurant pub is leased for $15,000 per month. Suites are in various capacities and sizes. Rooms are bringing in approximately $1,200,000. Have a look at it and have your accountant go over 3 years financials.

Information

MLS®:C4164944
Price:4,500,000.00
Type:Commercial
Sub Type:Hotel/Motel
Site Influences:
  • High Traffic Area
  • Highway Access
  • Highway Frontage
  • Landscaped
  • Shopping Nearby
  • Street Lighting
  • Visual Exposure

Snapshot

Sq Ft:30,871
Year Built:1969
Address:7474 Gaetz (50) Avenue
City:Red Deer
Community:None
Postal CodeT4P 1X7





Gordon Pethick - RE/MAX Realty Professionals (Calgary)

C4164944 Agent reviews Cell: 403 681-4500
Office: 403-259-4141
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  • Total Listings Calgary Area12,389

  • Newest Updates: Friday, April 20th 12:11pm
Gordon Pethick - RE/MAX Realty Professionals (Calgary)

Agent reviews Cell: 403 681-4500
Office: 403-259-4141

(1 Reviews)
full starfull starfull starfull starfull star
My Reviews
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View My Profile





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