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Blackfalds Blackfalds

$4,300,000
Commercial

Main Photo: in Blackfalds: Hotel/Motel for sale : MLS®# A2290919
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2290919
Build. Type:
Commercial Mix
Prime income-generating property offered at $4.3 M, featuring 32 GUEST ROOMS, 21 VLTs, a FULL-SERVICE BAR, LIQUOR STORE, and TWO LEASED RESTAURANT spaces. This well-established operation delivers approximately $2M in ANNUAL REVENUE, with multiple diversified income streams. Recent upgrades include approximately $2 MILLION IN RENOVATIONS (2020), with significant improvements to guest rooms including NEW WASHROOM AND SEPARATE HAVC SYSTEMS, enhancing operational efficiency and guest experience. Situated on 0.6 acres, the building spans 25,392 sq. ft., including a 11,377 sq. ft. main floor and 6,587 sq. ft. basement, allowing for efficient operations and future potential. Owned and successfully operated by the same owner for over 20 years, this is a rare, stable, and profitable investment with proven performance. An ideal opportunity for investors seeking a high-cash-flow asset with diversified revenue streams and strong upside potential.
Property Type:
Commercial
Property Sub Type:
Hotel/Motel
Transaction Type:
For Sale
Possession:
Possession Date:
Building Type:
Commercial Mix, Free-Standing, Low Rise (2-4 stories)
Business Type:
Bar/Tavern/Lounge, Hotel/Motel, Liquor Store, Restaurant
Total Building Area:
18,805 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
1958 (Age: 68)
Bathrooms:
- (Full:-, Half:-)
Structure Type:
Hotel/Motel
Ensuite:
No
Garage:
No
N/A
None Known
Num. of Parcels:
0
Region:
Lacombe County
Zoning:
Commercial
Listed Date:
Mar 31, 2026
Days on Mkt:
  • Photo 1: in Blackfalds: Hotel/Motel for sale : MLS®# A2290919
    Photo 1 of 1
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Listed by CIR Realty
Data was last updated November 1, 2026 at 10:05 PM (UTC)
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.
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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