Established Hospitality Asset – Motel, Restaurant & Tavern with Value-Add Potential. Rare opportunity to acquire a well-established, fully operational hospitality business offering multiple revenue streams and long-standing community presence. This three-storey property has been consistently maintained and operated, making it a strong turnkey investment.The motel features 17 guest rooms, including a mix of standard and family-style accommodations, all with full bathrooms. In addition, there are 2 supplementary rooms currently utilized for housekeeping/storage, enhancing operational efficiency. The property includes a licensed restaurant (approx. 65 seats) and a tavern/bar (approx. 120+ capacity) equipped with revenue-generating features such as pool tables, ATM, and entertainment systems. While VLTs were previously in operation, they have been removed; however, future operators may have the opportunity to reintroduce VLTs (subject to regulatory approval), representing a significant upside in revenue. A 2-bedroom furnished manager’s suite is included, ideal for onsite ownership or management. Recent capital improvements include: Boilers replaced (2019) Roof updated (2018) New flooring in guest rooms and hallways (2020) New bar ice machine (2020) New beer cooler (2022) Investment Highlights: 17 guest rooms, including 2 bedroom manager suite with in-suite washer and dryer. Restaurant and tavern with strong capacity Multiple income streams under one roof Long operating history with established clientele Fully staffed, turnkey operation Value-add opportunity through VLT reintroduction. Located in a high-traffic corridor with year-round tourism drivers This is an excellent opportunity for experienced operators or investors seeking a stable hospitality asset with upside potential. Do not approach staff or ownership directly. Financials available upon execution of a Confidentiality Agreement (NDA). (id:51540)
| Business Type | Accommodation, Restaurant, Restaurant |
| Business Sub Type | Hotel/motel, Bar/tavern, Restaurant |
| MLS® Number | A2299557 |
| Property Type | Business |
| Parking Space Total | 13 |
| Plan | 3319i |
| Constructed Date | 1915 |
| Size Exterior | 14475 Sqft |
| Size Interior | 14,475 Sqft |
| Total Finished Area | 14475 Sqft |
| Acreage | No |
| Size Total Text | Unknown |
| Zoning Description | Cm-1 |
| Electricity | Connected |
| Natural Gas | Connected |
| Telephone | Connected |
| Sewer | Connected |
| Water | Connected |
Contact us for more information
Kelli Rodriguez
Associate Broker
(403) 250-2882
Dan Duong
Associate
(403) 250-2882
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