The subject is well located and easily accessible to a major north/south throughfare, Highway 2 which connects Edmonton and Calgary. Huge 2.84 Acres of C3(General Commercial District) zone of land with 2 storey 48 units of (288Sqft/room) the motel. It can be developed such as clinic, Automotive Sales, restaurants and other professional office, recycling, storage etc at the extra land with a motel business operation (Refer to the zone classification). The subject has a 6.75% site coverage ratio which is substantially less than maximum allowable under the zoning regulation for the C3 Classification( 30%).Revenue Details (Year end June 30) 2022: $237,767, 023 : $331,578 , 2024 : $447,209 , NOI : 2023 : $131,968, 2024 :$264,431 (id:55577)
Property Features
- MLS® Number A2186574
- Price $2,490,000
- Square Footage: 15569 sqft
- Community Name: Leduc Common
- Plan 8521092
Buildings
| Constructed Date | 1991 | Size Exterior | 15569 Sqft |
| Size Interior | 15569 Sqft | Total Finished Area | 15569 Sqft |
Land
| Acreage | Yes | Size Irregular | 2.84 |
| Size Total | 2.84 Ac|2 - 4.99 Acres | Size Total Text | 2.84 Ac|2 - 4.99 Acres |
| Zoning Description | C3 |
Agents and Offices
- Francis C. Lee
- Office: Maxwell Canyon Creek