$4,490,000.00 50,000 Sq.ft

Address Not Available

Description

Rare opportunity to own a profitable resort business in the interprovincial park. At an elevation of 4,048 feet, both of the townsite and Banff share the same elevation. The only resort in the area consist of Dining Restaurant, Lounge, Conference Hall, total 73 units. 38 Main Lodge Suites (6 jacuzzi, 6 -2Bedroom Cabins, 6 loft one bedroom), 35 (17 Studio King and 18 One bedroom)Vacation Condo units (60:40 income split) and hot water pool. Approved permits to build another 12 condo units. Scenic location attracts tourists, corporate conferences, reunions, and destination weddings. Over 250,000 tourists visit the park each year to enjoy 6 pristine lakes and year round activities such as skiing, golf, fishing, trails, stargazing, hunting, snow-shoeing, water sports and other activities.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A1069930
City:Calgary
Neighbourhood:
Province:Alberta
Building/Unit Size: 50,000 sq.ft
Land Size:0.86 Acre
Listing Price:$4,490,000.00
Listing Price Arce: $5,220,930 per Acre
Business Type:
Property Subtype:Hotel/Motel
Transaction Type:For Sale
Land Use Code:PP, Provincial Park
Listing Contract Date:2021-02-16

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