Shelina Wardrope

RE/MAX Realty Professionals

Cell 403-710-2237

Office 403-239-8524

Email: shelinawardrope@shaw.ca

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7474 Gaetz (50) Avenue
Red Deer Red Deer T4P 1X7

$4,900,000
Commercial baths: 0.0 30,871 sq. ft. built: 1969

Main Photo: 7474 Gaetz (50) Avenue: Red Deer Hotel/Motel for sale : MLS® # C4137649
Prop. Type:
Commercial
MLS® Num:
C4137649
Status:
Active
Bus Minor:
Hotel/Motel
Great Location and busy motel. Many upgrades have been done over the last two years. Appraisal was done for Servus Credit Union in 2013 and valued at $6,300,000. First Mortgage of $2,400,000 at 4% interest is assumable by the right buyer as well as the seller is prepared to carry up to $1,000,000. 72 rooms, meeting room, gym and Restaurant. Suites are in various capacities and sizes. Have a look at it and have your accountant analyze the opportunity. We are happy to show it to you.
Property Type:
Commercial
Property Sub Type:
Hotel/Motel
Condo Type:
Not a Condo
Minor Bus Type:
Hotel/Motel
Total Floor Area:
0.71 acre(s)
Price Per SqFt:
158.72
Taxes:
$24,000 / 2016
Year built:
1969 (Age: 48)
Bathrooms:
0.0 (Full:0, Half:0)
Plan:
7820350
Garage:
0
Parking Total/Covered:
- / -
Title to Land:
Fee Simple
Restrictions:
See Remarks
None
None
High Traffic Area, Highway Access, Highway Frontage, Landscaped, Shopping Nearby, Street Lighting, Visual Exposure
Private
Possession:
Negotiable
Possession Days:
30
Nearest Town:
Red Deer
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Gordon Pethick of RE/MAX REALTY PROFESSIONALS
Listing information last updated on 7-Oct-2017 10:06 PM
Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
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.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.