6 months ago
$1,290,000
115 2 Street Southeast
Vulcan, Alberta · T0L2B0
MLS® Number: A2275330
- 8,213Square Feet
Listing Description
A well-maintained, one of few motels nestled in the hub of construction sites for solar power, wind turbine and oil related industry. Very good revenue. The average revenue for four years is $370,000. (2025: $481,000, 2024: $379,000, 2023: $291,000, 2021: $320,000. Year end is March.) Larger part of customers stay on monthly or weekly basis for the construction. The 24-key count is an ideal size for easy managing of a first-time motel buyer looking stable revenue with low purchasing budget. 13 rooms are an apartment style, a separate living area with kitchenette and a bedroom. All rooms have its own outside doors for the customer's easy access directly to the rooms. This property includes a spacious two-bedroom residence for owners or managers. There are only two hotels in the town. It is room only and very easy operation. (id:65883)
Property Summary
- Property Type
- Business
- Square Footage
- 8,213 sqft
- Built in
- 1974
- Time on Edmonton Real Estate
- 6 months ago
Legal Description
Plan :- 0018027631 Block :- 0 Lot :- 1-5
Building
Building Features
- Year Built
- 1974
Land
Zoning
- Zoning
- C3
Tax & HOA
Tax
- Annual Tax
- $10,283
- Tax Year
- 2025



