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Home AB St. Paul
5110 50 Avenue
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5110 50 Avenue $1,190,000
$1,190,000
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5110 50 Avenue
St. Paul, Alberta T0A3A0

MLS® Number: A2115026

Listing Description

* 51 Guest rooms, 1 manager suite, 2 staff rooms(can be converted to guest rooms) * 11 Kitchenettes * Have 4 bedroom suite and triple bedroom for big family group * Mixed customer groups such as oil workers, construction workers, and travellers * Most customers are long term customers * Winter time, about 8 monthly rents and summer time, about 15 monthly rents(5 rooms are rented out throughout a year) * Easy operation(currently manager operating) * A water tank replaced in 2022 and a dryer replaced in 2023 * 2 full capacity boilers, so do not worry about boiler problem * Convenient location for customers between liquor store and seven eleven * Good cap rate * Owner retiring (28739404)

Property Summary

Property Type
Business
Community Name
St. Paul Town
Subdivision Name
St. Paul Town
Land Size
0.72 ac|21,780 - 32,669 sqft (1/2 - 3/4 ac)
Built in
1969
Annual Property Taxes
$20,159
Time on REALTOR.ca
204 days

Measurements

Square Footage
18508 sqft
Total Finished Area
18508 sqft
Exterior Building Size
18508 sqft

Land

Other Property Information
Zoning Description
C1
Data provided by: Pillar 9™
Rocky Ki Yung Park