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223 Otter Street in Banff: Business for sale : MLS®# A2199643
223 Otter Street Banff T1L 1C3 
$5,750,000Business- Status:
- Active
- MLS® Num:
- A2199643
- Major Bus.:
- Accommodation
- Floor Area:
- 4,959 sq. ft.
With a net operating income of $425k in 2024 and forecast NOI of $460 in 2025, an incredible opportunity in Banff. Positioned in the heart of Banff, 223 Otter Street presents a rare opportunity to own one of the town’s highly coveted B&B Inn licenses—one of just eight in existence. With recent regulatory changes tightening short-term rental allowances, income-generating properties of this scale and exclusivity are becoming increasingly scarce.This historic 10-room inn, complete with a manager’s suite, combines strong revenue potential with an exceptional lifestyle investment. The main building features seven guest rooms, while the lower level adds three more, providing flexible accommodation options. Guests and owners alike can enjoy multiple common areas, a spacious deck with panoramic views of Mount Norquay, and a full kitchen—all designed for both relaxation and efficiency. Off-street parking further enhances the guest experience.For investors, this asset offers a compelling cap rate in a high-demand tourism market with strict barriers to entry. More than just a business, 223 Otter Street provides the rare ability to meet Banff’s "need to reside" requirement while capitalizing on a tightly controlled, high-yield hospitality segment in Canada’s first national park. A scarce asset in an iconic destination—this is Banff investment real estate at its finest. (id:2493) More detailsListed by Sotheby's International Realty Canada
- Jordy Shepherd
- ROYAL LEPAGE SOLUTIONS
- 1 (403) 493 4663
- team@canmorerealestate.ca
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137 Muskrat Street in Banff: Business for sale : MLS®# A2185043
137 Muskrat Street Banff T1W 1A0
$3,350,000Business- Status:
- Active
- MLS® Num:
- A2185043
- Floor Area:
- 5,221 sq. ft.
This unique and spacious lodge, nestled just minutes from downtown Banff, offers an exceptional opportunity to own a beautifully renovated property with a thriving business. Boasting an enviable location that provides easy access to the town's vibrant dining, shopping, and entertainment options, as well as the stunning natural beauty of Banff National Park. The lodge can accommodate up to 12 guests, making it perfect for family reunions, corporate retreats, and special gatherings. The property features a large, fully equipped kitchen, a dining room designed to host large groups in comfort and style, and two cozy living areas offering comfortable seating and entertainment options. Guests enjoy exclusive access to the entire property, ensuring privacy and a truly personalized experience. This is more than just a property; it's a well-established business with a strong reputation for excellence. The blend of historic charm and modern amenities attracts a steady stream of visitors year-round. Seize this rare opportunity to own a piece of Banff's history while enjoying the benefits of a successful hospitality business and continuing its legacy of creating unforgettable experiences in one of Canada's most beloved destinations. (id:2493) More detailsListed by RE/MAX Alpine Realty - Jordy Shepherd
- ROYAL LEPAGE SOLUTIONS
- 1 (403) 493 4663
- team@canmorerealestate.ca
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112, 100 Alpine Meadows in Canmore: Condo for sale : MLS®# A2161145
112, 100 Alpine Meadows Canmore T1W 2W8
$989,725Industrial- Status:
- Active
- MLS® Num:
- A2161145
- Floor Area:
- 3,599 sq. ft.
Welcome to Elk Meadows Industrial Park, Canmore’s newest industrial complex. Nestled within the Elk Run Industrial area, Elk Meadows enjoys a prime location highly sought after by Canmore businesses. Boasting proximity to essential amenities, easy access to the Trans-Canada Highway, and a plethora of industrial services, offices, and retail spaces nearby, this complex offers unparalleled convenience.Comprising two buildings and a total of 13 two-level bays, these units at Elk Meadows can be tailored to suit various needs, ranging from approximately 2800 sqft to over 5,200+ sqft. The flexible zoning permits a diverse range of uses, with the option for additional discretionary uses upon review with The Town, providing opportunities for further diversification. Additionally, adjacent and upper bays are also available, offering even more versatility in size and configuration.With low inventory and vacancy rates in Canmore's commercial sector, this exclusive commercial opportunity presents exceptional investment potential. Don't miss your chance to secure a foothold in Canmore's thriving business community with Elk Meadows Industrial Bays. (id:2493) More detailsListed by CENTURY 21 NORDIC REALTY - Jordy Shepherd
- ROYAL LEPAGE SOLUTIONS
- 1 (403) 493 4663
- team@canmorerealestate.ca
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121, 701 Benchlands Trail in Canmore: Retail for sale : MLS®# A2194671
121, 701 Benchlands Trail Canmore T1W 3G9
$890,000Retail- Status:
- Active
- MLS® Num:
- A2194671
- Build. Type:
- Retail
- Floor Area:
- 1,615 sq. ft.
This court-ordered sale features two interconnected retail units, totaling 1,615 sqft, as per the condo plan. (demising wall between the two units has been removed to accommodate for the business operation). The units currently host a successful business, providing a prime opportunity for investors to generate immediate cash flow . Please note that the current tenants, who own and operate the business should not be disturbed during showings. Kindly contact me or your favorite Realtor for any inquiries or to schedule a viewing to ensure a smooth and respectful process. Don't miss out on this opportunity in one of Canmore's thriving commercial districts. Please note: The business operation is owned by the tenant, which is not included in the sale. Schedule A must be signed and part of the offer to purchase. (id:2493) More detailsListed by Royal LePage METRO - Jordy Shepherd
- ROYAL LEPAGE SOLUTIONS
- 1 (403) 493 4663
- team@canmorerealestate.ca
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211 banff Avenue in Banff: Business for sale : MLS®# A2060493
211 banff Avenue Banff T1L 1H1
$305,000Business- Status:
- Active
- MLS® Num:
- A2060493
- Floor Area:
- 498 sq. ft.
Attention, aspiring entrepreneurs! An exceptional opportunity awaits you at Banff's premier milk tea store. Situated within a well-established mall on Banff Avenue, this highly regarded business has become a beloved destination for residents and tourists alike. With an esteemed reputation and a wide variety of delicious milk teas, the store attracts customers from far and wide. Take advantage of this rare chance to own and operate your very own milk tea store in the heart of Banff Avenue, a location renowned for fulfilling dreams and creating lasting memories. Don't miss out on the opportunity to make your mark in Banff's thriving beverage industry. This business is now available for sale, offering you the chance to embark on an exciting entrepreneurial journey. Seize this moment and make your milk tea dreams a reality in the enchanting town of Banff. As this is an ongoing business, a Non-Disclosable Agreement (NDA) is required for further details .. Please do not approach staff directly, all showing by appointment only. (id:2493) More detailsListed by Greater Property Group - Jordy Shepherd
- ROYAL LEPAGE SOLUTIONS
- 1 (403) 493 4663
- team@canmorerealestate.ca
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137 Eagle Crescent in Banff: Business for sale : MLS®# A2187883
137 Eagle Crescent Banff T0L 0C0
$229,000Business- Status:
- Active
- MLS® Num:
- A2187883
- Major Bus.:
- Industrial
- Floor Area:
- 2,000 sq. ft.
An exceptional chance to purchase a fully operational Banff Light Industrial Business. Bow River Glass has been providing high end services to the Bow Valley and neighboring areas for over 20 years. This business is being sold with the option of all inventory, tools, fleet vehicles, and equipment, allowing for a seamless takeover. The current owner is open to staying on for a mutually agreed-upon time period to provide training to the new owner and acquaint them with important clients and customers. This sale includes the business only and offers a lease with multiple renewal options at a prime location within the Banff Industrial Compound. (id:2493) More detailsListed by ROYAL LEPAGE SOLUTIONS - Jordy Shepherd
- ROYAL LEPAGE SOLUTIONS
- 1 (403) 493 4663
- team@canmorerealestate.ca
Data was last updated April 1, 2025 at 08:15 AM (UTC)
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