CORONATION MOTEL - Located in the heart of Alberta’s active energy and agricultural corridor, the Coronation Motel offers strong year-round demand from oil & gas workers, pipeline crews, and regional agricultural operations. Built in 1975 and situated on a generous 5.5-acre lot with excellent Hwy 12 exposure, this 41-room property provides ample parking for trucks and long-term crews. The motel operates 38 rooms, including several kitchenette units ideal for extended-stay guests, plus an owner’s residence for added convenience. With steady industrial activity in the region, the business maintains consistent occupancy and reliable revenue. Recent improvements enhance operational efficiency, and the large site offers future expansion potential. Priced at $880,000, this exceptional opportunity delivers strong value and attractive cap-rate potential for both owner-operators and investors seeking stable cash flow in a proven Alberta market. (id:55577)
Property Features
- MLS® Number A2274647
- Price $880,000
- Square Footage: 15710 sqft
- Plan 9524869
Business
| Business Type | Accommodation | Business Sub Type | Hotel/motel |
Buildings
| Constructed Date | 1975 | Size Exterior | 15710 Sqft |
| Size Interior | 15710 Sqft | Total Finished Area | 15710 Sqft |
Land
| Acreage | Yes | Size Irregular | 5.50 |
| Size Total | 5.5 Ac|5 - 9.99 Acres | Size Total Text | 5.5 Ac|5 - 9.99 Acres |
| Zoning Description | C |
Agents and Offices
- Jay Choi
- Office: Grand Realty