$4,200,000.00 32,400 Sq.ft

5323 48 Avenue, Redwater. T0A 2W0

Description

Paradise Inn & Suites is a three storey limited service hotel situated on Alberta Highway 38 in the town of Redwater. This hotel comprises a total of 56 suites in various layouts (32,400 sq/ft). All suites are kitchen units suitable for overnight or extended stay accommodations. Amenities include business center, fitness and breakfast facilities. Hotel is located just 4 miles north of Alberta Industrial Heartlands area border and has a great revenue earning potential due to the petro/chemical mega projects happening in the area.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A1241349
City:Redwater
Neighbourhood:Redwater
Province:Alberta
Building/Unit Size: 32,400 sq.ft
Land Size:0.00 Acre
Listing Price:$4,200,000.00
Listing Price Arce: $0 per Acre
Business Type: Hotel/Motel Hotel,Motel
Property Subtype:Hotel/Motel
Transaction Type:For Sale
Land Use Code:Commercial
Listing Contract Date:2022-07-18

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "BABYCH GROUP REALTY LTD." listing brokerage.

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