$5,200,000.00 1.02 acre

5307 MACLEOD TR SW, Calgary. T2H 0J3

Description

Established and profitable motel business with land for sale on busy Macleod Trail. Just minutes away from Chinook Centre Mall. Total 48 rooms with office/breakfast area. 44,546 SF (1.02 acres) lot is also great for future redevelopment. Recently renovated rooms. Lots of potential for your own ideas and concept to increase sales. Land use C-COR3 with F.A.R. 3 and max height 46 M. Prime land with 156 meter frontage on McLeod Tr. Commercial signage rental income is also great in this location because of the McLeod Tr traffic. The property is perfect for hold and future development, receiving a passive motel income while you plan and wait for appreciation. Right now the market is low and timing is right. Easy to arrange tour.

Listing Information

Prop. Type:Commercial
Status:
MLS #:C4236370
City:Calgary
Neighbourhood:Windsor Park
Province:Alberta
Building/Unit Size: 0 sq.ft
Lot Size:0 sq.ft
Land Size:1.02 Acre
Listing Price:$5,200,000.00
Listing Price Arce:$5,098,040 per Acre
Lease Rate:$0.00 per sq.ft
Business Type:
Property Type:Commercial
Property Subtype:Hotel/Motel
Transaction Type:For Sale
Land Use Code:C-COR3 f3.0h46
Listing Contract Date:2019-03-28

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "CENTURY 21 BRAVO REALTY" listing brokerage.

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