Listing Details

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Courtesy of RE/MAX Excellence.
Data was last updated 2025-03-09 at 19:23:23 GMT

4403 118 Avenue   Edmonton, Alberta

$800,000
MLS®: E4246713
Great opportunity to own and operate BEVERLY MOTEL, a 17-room motel in North East Edmonton! The two-story 4,900 SF building has 15 and one story building has 2 guest rooms (GR). 7 GR comes with full bath (FB) and 2 separate rooms with queen beds (QB). 5 GR has FB and 1xQB. Remaining 5 GR has half bath and 1xQB. Rooms are furnished with sitting area, TV, Fridge, Microwave oven, Office desk, Telephone and WiFi. The reception area is in the one-story 2,400 SF building. It has very good potential for generating more revenue. 118 Avenue front side of the building can be leased to a commercial tenant for a variety of usage including restaurant/kitchen, office/retail, etc. There is also a 3 bed-room owner/manager?s suite in this building. This space can be converted to a 2/3 bed-room suite with full kitchenette for guests. Metal roofs on both buildings are newer. All mechanical, electrical systems are in excellent shape. Operating with low net positive cash flow. Please explore the potential.

Great opportunity to own and operate BEVERLY MOTEL, a 17-room motel in North East Edmonton! The two-story 4,900 SF building has 15 and one story building has 2 guest rooms (GR). 7 GR comes with full bath (FB) and 2 separate rooms with queen beds (QB). 5 GR has FB and 1xQB. Remaining 5 GR has half bath and 1xQB. Rooms are furnished with sitting area, TV, Fridge, Microwave oven, Office desk, Telephone and WiFi. The reception area is in the one-story 2,400 SF building. It has very good potential for generating more revenue. 118 Avenue front side of the building can be leased to a commercial tenant for a variety of usage including restaurant/kitchen, office/retail, etc. There is also a 3 bed-room owner/manager?s suite in this building. This space can be converted to a 2/3 bed-room suite with full kitchenette for guests. Metal roofs on both buildings are newer. All mechanical, electrical systems are in excellent shape. Operating with low net positive cash flow. Please explore the potential.

Listing Information

Prop. Type:
Other
Status:
Active
City:
Edmonton
MLS® Number:
E4246713
Neighbourhood:
Beverly Heights
Area:
Edmonton
Province:
Alberta
Listing Price:
$800,000

General Information

Year Built:
1964

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This property is listed by RE/MAX Excellence and provided here courtesy of Ashley Agent. For more information or to schedule a viewing please contact Ashley Agent.
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Mobile Phone: 555-555-5555
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.