4606 50 ST Active Save Request In-Person Tour Request Virtual Tour
Valleyview,AB T0H3N0
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID A2103514
Year Built 1978
Annual Tax Amount $12,156
Tax Year 2023
Lot Size 3.350 Acres
Property Description
Fully renovated Cement block and stucco 35 rooms( 10 Kitchen), 2 bedroom manager with 3.355 Acres land situated on the junction of Highway 43 leading to British Columbia and Alaska via Grande Prairie and the north south stretch of Highway 49 towards Donnelly and Alberta Highway 2 towards Peace River.
Valleyview's economy is primarily resource driven with oil and gas being the predominant industry. Multiple oil and gas companies operate in the area with several pipelines in the vicinity.
Another notable employer in Valleyview is the Municipal District of Greenview, which has its main administrative office and several departments situated within town limits. The town is also a regional hub for medical services.
-Revenue details : 2023 : $548,411, NOI)2023 :$271,082, Owner spent about $600,000 for the renovation.
-Valleyview Horizon Inn 1 (99 rooms with leased restaurant) is for sale(A2103654) also and the owner is same as Horizon Inn 2 .Horizon Inn 2 is operating by at Horizon Inn 1 front system and the price , operation and profit can be better by purchasing Horizon Inn 1 & 2 together.
Location
Province AB
County Greenview No. 16, M.d. Of
Zoning Gateway commercial
Interior
Inclusions Will provide