5507 50TH ST, Viking, AB T0B 4N0
5507 50TH ST, Viking, AB T0B 4N0
5507 50TH ST, Viking, AB T0B 4N0
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Joanna Wood

Joanna Wood

+1(403) 836-4442
$749,900
Est. payment /mo
11,000 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 11,000 sqft

Price per Sqft $68

Subdivision Viking

MLS Listing ID A2310955

Year Built 1969

Property Sub-Type Hotel/Motel

Property Description

RARE OPPORTUNITY TO OWN THE HIGHLY PROFITABLE 22-ROOM VIKING LAMPLIGHTER MOTEL STRATEGICALLY LOCATED AT 5507 50 STREET! THIS TURNKEY BUSINESS IS A POWERHOUSE FOR AN OWNER-OPERATOR,FEATURING 6 KITCHENETTES AND 13 DOUBLE ROOMS PERFECTLY EQUIPPED FOR STEADY INCOME FROM SHORT-TERM TRAVELERS AND LONG-TERM CONTRACT WORKERS. THE SALE INCLUDES AN UNMATCHED OWNER'S LIFESTYLE FEATURING A FULLY RENOVATED 1,350 SQ. FT. BUNGALOW WITH A FINISHED BASEMENT,A PREMIUM LIVING STANDARD RARELY FOUND IN THE INDUSTRY. BOASTING A 36% REVENUE INCREASE YEAR-OVER-YEAR FROM 2024 TO 2025,THIS BUSINESS SHOWS A CONSISTENT UPWARD TRAJECTORY. POSITIONED DIRECTLY ACROSS FROM THE HIGH SCHOOL NEAR ESSENTIAL SERVICES,THE SITE OFFERS EXCELLENT VISIBILITY AND LONG-TERM LAND VALUE. WELL-MAINTAINED WITH A LOYAL CLIENTELE AND PROVEN SALES HISTORY,VTB FINANCING OPTIONS MAY BE AVAILABLE FOR QUALIFIED BUYERS. INVEST IN THIS HIGH-YIELD ASSET IN A GROWING COMMUNITY TODAY!

Location

Province AB

County 0020

Zoning c2

Interior

Inclusions SELLER WILL PROVIDE THE LIST

Fireplace No

Exterior

Garage No

Building

Dwelling Type Hotel/Motel

Others

Restrictions None Known

Read Less Info
Listed by RE/MAX Real Estate (Mountain View)

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Joanna Wood
Joanna Wood

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+1(403) 836-4442

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