$7,850,000
( )
 $42,140 forsale estimated payment Sourced by Back At You

1303 Mayor Magrath Drive , Lethbridge, AB T1K 2R1

Lethbridge, AB T1K 2R1

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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 rooms66 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.

Details

MlsA2165361
Listing TypeFor Sale
StyleCommercial
SubtypeResale
StatusActive
Year1974
Days On Site88
Listing Provided ByGrand Realty | Ovais Siddiqui

Features

Sq Feet41,084
ZoningC-H
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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Learn More About This Property

StateAB
CountyLethbridge
CityLethbridge
Zip CodeT1K 2R1
AreaLethbridge
Community NameLethbridge College
Listing VS Median (in Lethbridge College)
Price:
$7,850,000
low | high
Med:
$7,850,000
50% of Average
SqFt:
41,084
low | high
Med:
41,084
50% of Average
$ / SqFt:
$191
low | high
Med:
$191
50% of Average
On Site:
88
low | high
Med:
88.000000
100% of Average
Sourced by Back At You
Listing Updated: September 14, 2024 at 1:39:54 AM PDT