$2,490,000.00 15,569 Sq.ft

8124 Sparrow Drive , Leduc. T9E 7G4

Description

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

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2186574
City:Leduc
Neighbourhood:Leduc Common
Province:Alberta
Building/Unit Size: 15,569 sq.ft
Land Size:2.84 Acre
Listing Price:$2,490,000.00
Listing Price Arce: $0 per Acre
Business Type: Hospitality Hospitality
Property Subtype:Hotel/Motel
Transaction Type:For Sale
Land Use Code:C3
Listing Contract Date:2025-01-10

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "MaxWell Canyon Creek" listing brokerage.

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