Canada Commercial Realty


C.403.680.6130 |




Views: 156

Listing Serial No.





DESCRIPTION:                                 62 room full service motel, Restaurant and Lounge  with  9  VLT machine .

SITE AREA:                                      2.84 acres

ZONING:                                           C -3, Highway Commercial District

AGE:                                                   Main Motel built in 1979

Expanded in 1984-85, then again in 1988

34 room single storey motel building built in 1997

REVENUE:                                2017:$2,222,388, 2018:  $2, 009,381,  2019 :$1,633,222, 2020 :$1,468,536,  2021 :$1,306,089

2022 :$1,452,753

NOI :                                           2017 :  $563,577      2018 : $371,813, 2019 :$130,000

2020 :   $239,589    2021 : $208,006, 2022 :$236,991

Owner operation potential  will be significant  since it  has been operated by GM     and  the owner’s cost is over $5m.



    RE :

    I hereby acknowledge that information regarding above business(es) and /or Seller(s) is being provided to me SECRECY and CONFIDENCE and is to be used solely for the purpose of assessing the prospective purchase of the business(es) or property through Maxwell Canyon Creek Realty Francis Lee.

    I agree that such information will be held in strict confidence, that all matters concerning the a aforementioned property will be handled through Maxwell Canyon Creek Realty Francis Lee, that I will not approach or attempt to deal with the owners or employees either directly or indirectly.

    I agree not to disclose any of the information given in connection herewith, either directly, or indirectly, to third parties, except direct support people; nor will I use, or assist others to use, any such information for competitive trade purpose or to circumvent Maxwell Canyon Creek Realty in any transaction or contact with the Seller(s). I agree not to make copies any of the material provided and to return all of it if I discontinue interest in the Business. The material and information furnished is believed to be reliable for the purpose of evaluating the business.
    Further, I agree that all inquires, investigations, negotiations, offers to purchase, and/or letters of intent must be made through Maxwell Canyon Creek Realty Francis Lee. I agree to protect and not disclose the confidentiality of the information I receive permanently, even if I choose not to purchase the said business or property.

    I agree that any breach of the Confidential Agreement (the “Agreement”), directly or indirectly, will be harmful to the Seller(s) and Maxwell Canyon Creek Realty . In consideration for the information given, I agree that the laws of Alberta will govern this Agreement and that all actions that may arise in law and or equity shall be brought in Alberta.

    Accepted and agreed this .