Property view at 9812 113 Street , Fairview - Commercial investment property with 63,540 sqft - Photo 1 of 28 | Calgary real estate investment
1 / 28
Active

9812 113 Street

Fairview, Alberta T0H 1L0
MLS® A2143627466 days on marketListed Jul 12, 2024
Exclusive Offering
$8,000,000
63,540Living Space
1982Year Built

Property Overview

Attention, aspiring entrepreneurs! An exceptional full-service hotel, strategically positioned on a major highway, attracting a steady stream of travellers.

This family-owned establishment boasts an impressive array of amenities, catering to the diverse needs of both the community and its esteemed guests.

With an impressive 80 rental rooms, including executive suites, a bridal suite, and a diverse array of accommodations to suit every guest's needs, visitors can indulge in the delights of the on-site coffee shop, formal dining room, pub, sports bar, and liquor store, while the banquet room and meeting room cater to the needs of events and corporate gatherings.

The property's crown jewel is its large, high-end commercial kitchen, equipped with walk-in freezers and coolers, catering to both the hotel's guests and the surrounding community.

This well-maintained, multi-faceted business opportunity presents a truly remarkable chance to capitalize on the ever-increasing flow of travellers and the growing demand for comprehensive hospitality services.

With a diverse range of income sources, this family-run enterprise offers the perfect blend of stability and growth potential.

Seize this remarkable chance to own a piece of this thriving hospitality empire, where family-oriented operation and diverse sources of income converge to create a truly remarkable business venture.

Inquire now and let us guide you towards a future of unparalleled success.

Investment Analysis

InvestCalgary Insights • Rental data from RentFaster.ca

Price per Sq Ft
$126/sqft
Below Calgary average - potential value opportunity

Investment Considerations

Mature Property: Potential value-add opportunity through renovations. Budget for capital improvements.
Long Market Exposure: Significant negotiation opportunity. Consider reasons for extended listing period.
Commercial Investment: Evaluate rental demand and property management requirements for this property type.

Investment Analysis Disclaimer: These estimates are for informational purposes only and do not constitute financial advice. Actual rental income, expenses, and returns may vary. Consult with a qualified real estate professional before making investment decisions.