4403 118 AV NW , Edmonton

Bed / $800,000 / MLS® Listing #:E4246713

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Great opportunity to own and operate BEVERLY MOTEL, a 17-room motel in North East Edmonton! The two-story 4,900 SF building has 15 and one story building has 2 guest rooms (GR). 7 GR comes with full bath (FB) and 2 separate rooms with queen beds (QB). 5 GR has FB and 1xQB. Remaining 5 GR has half bath and 1xQB. Rooms are furnished with sitting area, TV, Fridge, Microwave oven, Office desk, Telephone and WiFi. The reception area is in the one-story 2,400 SF building. It has very good potential for generating more revenue. 118 Avenue front side of the building can be leased to a commercial tenant for a variety of usage including restaurant/kitchen, office/retail, etc. There is also a 3 bed-room owner/managers suite in this building. This space can be converted to a 2/3 bed-room suite with full kitchenette for guests. Metal roofs on both buildings are newer. All mechanical, electrical systems are in excellent shape. Operating with low net positive cash flow. Please explore the potential. (id:10452)

Property Details

Property Type Business
Square Feet 7300 sqft
Maintenance N/A
Days On Our Website 392
Basement
Kitchens
Lot Dimensions 15221 sqft
Pool N/A
Area Edmonton
Air Conditioning N/A
Heating
Exterior
Sewers N/A
Water N/A

Listing Office: RE/MAX Excellence



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