112 12 Avenue, Slave Lake

Motel/Hotel Property for Sale

112 12 Avenue, Slave Lake, MLS® # A2172972
  • MLS®#: A2172972
  • Price: $9,500,000
  • Status: Active
  • Year Built: 2008
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Login or Create an Account to Access Days On Market Financial Information Legal Description Lot Zoning

Three story limit service 89 room wood frame hotel that used to be NOVA Hotel and converted as Big Lake Inn from 2012 . . Slave Lake has the third largest population base of any Alberta municipality north of Edmonton. Its economy has been driven throughout the past three decades by the Oil& Gas and Forest industries. In a continuing effort to diversify the economy, Slave Lake is encouraging increases in the tourism, manufacturing, and value-added sectors. In addition, Slave Lake is further evolving into an even greater regional service centre, with additional retail, education, health, financial, government, and transportation services. Enterprising men and women recognize the almost unlimited potential for growth and spin-off business in the primary industries of petroleum and forestry, along with burgeoning activity in tourism. REVENUE(Yearend December 31 ) 2022 : $1,975,869, 2023 : $2,856,40, 2024 till September: $2,040,349 NET OPERATING INCOME 2022: $931,975, 2023: $1,641,247

Contact Ryan & Dennis Shandruk About MLS® A2172972

Required Field

Ryan & Dennis Shandruk, 403-830-3690 at RE/MAX REALTY PROFESSIONALS, #10, 6020 - 1A STREET S.W., Calgary, Alberta, T2H 0G3

property information

  • Property Type: Motel/Hotel Property
  • MLS®#: A2172972
  • Year Built: 2008
  • Lot Size: 2.42 sq.ft.
  • Restrictions: Utility Right Of Way
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Community Information

  • Address: 112 12 Avenue
  • Neighbourhood: Slave Lake
  • City: Slave Lake
  • Postal Code: T0G 2A0
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interior

  • Included: Will provide
  • Fireplace Details: For Sale
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$9,500,000

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Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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