$7,850,000.00 41,084 Sq.ft

1303 Mayor Magrath Drive S, Lethbridge. T1K 2R1

Description

Sale of Property and Business together. Presenting a prime investment opportunity in the heart of Lethbridge, this property includes both the Ramada Inn by Wyndham and the Chinook Motel, offering a combined total of 86 rooms—66 in the Ramada and 20 in the Chinook. Centrally located, this property benefits from excellent visibility and accessibility, making it a popular choice for both leisure and business travelers. Additionally, the site features the True Swing Indoor Golf, a unique amenity that enhances the guest experience. With strong revenues and a well-established presence in the market, this property is an exceptional opportunity for investors seeking a high-performing hospitality business.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2165361
City:Lethbridge
Neighbourhood:Lethbridge College
Province:Alberta
Building/Unit Size: 41,084 sq.ft
Land Size:0.00 Acre
Listing Price:$7,850,000.00
Listing Price Arce: $0 per Acre
Business Type:
Property Subtype:Hotel/Motel
Transaction Type:For Sale
Land Use Code:C-H
Listing Contract Date:2024-09-12

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Grand Realty" listing brokerage.

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