$9,500,000
112 12 AVE Southwest Slave Lake, AB T0G 2A0
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$9,500,000
Est. payment /mo
2.42 Acres Lot
UPDATED:
10/17/2024 07:50 PM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS® Listing ID A2172972
Year Built 2008
Lot Size 2.420 Acres
Acres 2.42
Property Description
Three story limit service 89 room wood frame hotel that used to be NOVA Hotel and converted as Big Lake Inn from 2012 . .
Slave Lake has the third largest population base of any Alberta municipality north of Edmonton. Its economy has been driven throughout the past three decades by the Oil& Gas and Forest industries.
In a continuing effort to diversify the economy, Slave Lake is encouraging increases in the tourism, manufacturing, and value-added sectors. In addition, Slave Lake is further evolving into an even greater regional service centre, with additional retail, education, health, financial, government, and transportation services. Enterprising men and women recognize the almost unlimited potential for growth and spin-off business in the primary industries of petroleum and forestry, along with burgeoning activity in tourism.
REVENUE(Yearend December 31 ) 2022 : $1,975,869, 2023 : $2,856,40, 2024 till September: $2,040,349
NET OPERATING INCOME 2022: $931,975, 2023: $1,641,247
Slave Lake has the third largest population base of any Alberta municipality north of Edmonton. Its economy has been driven throughout the past three decades by the Oil& Gas and Forest industries.
In a continuing effort to diversify the economy, Slave Lake is encouraging increases in the tourism, manufacturing, and value-added sectors. In addition, Slave Lake is further evolving into an even greater regional service centre, with additional retail, education, health, financial, government, and transportation services. Enterprising men and women recognize the almost unlimited potential for growth and spin-off business in the primary industries of petroleum and forestry, along with burgeoning activity in tourism.
REVENUE(Yearend December 31 ) 2022 : $1,975,869, 2023 : $2,856,40, 2024 till September: $2,040,349
NET OPERATING INCOME 2022: $931,975, 2023: $1,641,247
Location
Province AB
County Lesser Slave River No. 124, M.d. Of
Zoning C 1 Central Commercial Di
Interior
Inclusions Will provide
Building
Dwelling Type Hotel/Motel
Others
Restrictions Utility Right Of Way
Tax ID 94259674
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Listed by MaxWell Canyon Creek
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Alexander Lobkov
REALTOR® | License ID: Residential
REALTOR® License ID: Residential