Properties

616 2 AVENUE WEST AV Hanna

15,377.90 m² - 616 2 AVENUE WEST AV, Hanna, Alberta T0J 1P0

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Property Description

BIG PRICE REDUCTION!
Days Inn (upon new owner’s qualification with Days Inn)
would love to have this location in their chain.
OWNER RETIRING.The owner has publicly stated that he want to sell to retire for his “golden years” and for family health reasons.
Great well maintained Motor Inn and business.
Five + income streams including: 81 rooms,
Full Service Restaurant, VLT (8) Lounge, Pub and popular Liquor Store.

The property is at the crossroads of two alternative routes,
Highway 9 (east/west) and the only heavy equipment highway #36 (north/south). Hanna is a developing regional center with all amenities including a K-12 school, two seniors lodges, a world class dental clinic, a regional hospital and four doctors. The hotel is extremely well supported by the local and tertiary community. Because it is a regional centre, it draws from a widely expanded market reach. Occupancy numbers and revenue are rising.
Former appraisal was $7.2-$7.9 million.
Owner is retiring for reasons he will disclose

Basic Details
MLS # : C4171543
Price : $3,995,000
Property Type : Hotel
Listing Type : For Sale
Listing ID : 1039
Listing Brokerage : ROYAL LEPAGE SOLUTIONS
Year Built : 1978
Lot Area : 15,377.90 m²
Site Influences : Flat Site, Highway Access, Highway Frontage, Land
Address Map
Country : Can
State : AB
City : Hanna
Zipcode : T0J 1P0
Street Suffix : 616 2 AVENUE WEST AV
Postal Code : T0J 1P0
Building Name : Hanna Canada Grey
Floor Number : 0
Longitude : E0° 0' 0''
Latitude : N0° 0' 0''
Hotel For Sale
  • Listing ID : 1039
  • Lot Area : 15,377.90 m²
  • Visits : 354 in 556 days
$3,995,000
Agent info
Azmy Yacoub
The Real Estate Professionals Inc.
100, 5810 2 St SW
Contact Agent