Sale of Property and Business together. Presenting a prime investment opportunity in the heart of Lethbridge, this property includes both the Ramada Inn by Wyndham and the Chinook Motel, offering a combined total of 87 rooms—67 in the Ramada and 20 in the Chinook. Centrally located, this property benefits from excellent visibility and accessibility, making it a popular choice for both leisure and business travelers. Additionally, the site features the True Swing Indoor Golf, a unique amenity that enhances the guest experience. With strong revenues and a well-established presence in the market, this property is an exceptional opportunity for investors seeking a high-performing hospitality business.More details
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.More details
The town of Coaldale is an emerging progressive community, and is truly becoming the recreational and commercial Hub for Southern Alberta. Coaldale, with a population of approximately 9000 residents, combines the benefits of small town living with the services and amenities of a larger urban Centre. The Coaldale Inn is situated on highway #3, with great frontage exposure. The Coaldale Inn is a very popular facility and is the place to enjoy yourself in Kcee's pub with 3-VLT's or enjoy the dining experience in Franco's restaurant offering a full menu. This 17-unit Hotel/Motel situated on 1.12 acres of land, provides plenty of parking and potential for expansion. The Coaldale Inn is a combination tavern/restaurant/lounge/motel with over 14,600 square feet is sectioned into three areas of the tavern, central and motel. The 6,095 sq/ft motel area features 17 recently renovated units with full washrooms, newer furnishings, furniture, television and free WIFI. The 4246 sq/ft central area offers the reception office, restaurant (100 seats), kitchen and lounge plus additionally provides access to the guest room area. The 4323 sq/ft newly renovated tavern with seating for 100 patrons, features newer bar with a large garage door leading to an inviting outdoor raised patio. Tavern also provides built-in/ walk-in coolers and utility storage rooms. This completely and recently renovated facility is a must see to fully appreciate the extensive quality improvements that make this a great opportunity for an aggressive entrepreneur.More details
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.More details
Rare Opportunity! Presenting a newly renovated 20-room motel with multiple thriving businesses in one exceptional package. Nestled in the charming community of Cremona, Mountain View County, just 30 minutes from Calgary, this property offers the perfect balance of convenience and serene country living.
The motel features 20 spacious rooms, all freshly renovated with new furniture, modern bathrooms, and updated decor, ensuring a comfortable and inviting atmosphere for guests. The property also includes a highly profitable liquor store with impressive revenue, as well as a fully equipped pub bar featuring 2 VLT machines—perfect for maximizing income potential.
Additional highlights include a new roof, state-of-the-art equipment, and a turnkey operation ready for its next owner. Whether you're looking to live and work in a peaceful setting or expand your investment portfolio, this is a rare chance to own a well-established business with strong revenue streams.
Don’t wait—this unique offering won’t last long! Contact me today to schedule a viewing and explore the endless possibilities this property has to offer!More details
Very Attractive Motel. Very Famous Motel with over One Million views on-line from shows and series. The property is located right on Highway 2. It is well supported by the local and tertiary community. Call your realtor or Listing Realtor for more information. Good LuckMore details
THE BEST MOTEL IN TOWN, RED COAT INN. THIS TOWN IS LOCATED IN VERY TRAFFIC AREA WITH THE HIGHWAY 2 AND 3 SHARED. LESS THAN 30 MINUTES TO LETHBRIDGE AND ONE HOUR TO WATERTON PARK AND 15 MINUTES TO BUFFALO HEAD SMASH PARK AND 1.5 HOURS FROM CALGARY. US BORDER IS NEAR BY. 28 ROOMS WITH THE MANAGER SUITE 4 BEDROOM. THIS TOWN HAS A LOT OF FESTIVAL. LOTS OF TRAFFICS ON HIGHWAY 3 AND 2.More details
A well-maintained, one of few motels nestled in the hub of construction sites for solar power, wind turbine and oil related industry. Larger part of customers stay on monthly or weekly basis for the construction. The 24-key count is an ideal size for easy managing of a first-time motel buyer looking stable revenue with low purchasing budget. 13 rooms are an apartment style, a separate living area with kitchenette and a bedroom. All rooms have its own outside doors for the customer's easy access directly to the rooms. This property includes a spacious two-bedroom residence for owners or managers. There are only two hotels in the town. It is room only and very easy operation.More details
-Motel rooms are lease to long term tenants of $850 per a month.
-Room and roof of motel were renovated in 5 years ago.
-Only Bar in town with 5 VLTs.
-Liquor sales is $400,000 with 22~24% margin.
-New owner can run the local popular restaurant business or lease it.
-3,500 population with schools, hospital, grocery store, etc.
-1.5 hours from Calgary, 2.5 hours from Edmonton.More details
Long term established Motel business. 25 Unit motel on western edge of Sundre AB. Located it intersection of. Highway 27 and Highway 22. Manager suite. Alberta Government bought the land next door There is 2 acres at the front of property with highway exposure that could be developed for possible RV storage, additional motel units or commercial sales. Steady income and easy to operate business. Owner could train if required. Seller will consider some seller financing OAC.More details
Welcome to an exceptional opportunity to own a thriving business. This unique property boasts a 10-room motel with additional land, presenting an array of amenities that make it a one-stop destination for both locals and travelers alike. Property Features: Motel: Ten well-appointed rooms provide a comfortable and inviting stay for guests. Whether it's a weekend getaway or an extended stay, the motel offers a relaxing environment. Entertainment Hub: The property features a range of entertainment options, including four Video Lottery Terminals (VLTs), a full bar, and a restaurant. The inclusion of a golf simulator, karaoke machine, and an ATM ensures a lively atmosphere, making it a local favorite. Liquor Store: Conveniently located on-site, the liquor store caters to the needs of guests and residents, offering a diverse selection of beverages. Owner's Suite: The property comes complete with a spacious one-bedroom owner's suite, featuring a full kitchen, office, and living room. This allows owners to reside on-site, minimizing living expenses and maximizing the convenience of managing the business. Long-Standing Ownership: With a dedicated owner at the helm for the past 15 years, this establishment has become a staple in the community. The current owner's decision to retire opens up an exciting opportunity for a new owner to carry on the legacy. Monopoly in Town: This property holds a unique position as the only motel, liquor store, and bar in town. With the nearest competition located over 28 kilometers away, it enjoys a monopoly in the area, ensuring a steady flow of customers. Stable Business: The business has demonstrated stability over the years, with consistent and reliable sales. This reliability provides a solid foundation for new owners to build upon and explore further growth opportunities. Why Invest: For a young family or a couple seeking a change of pace, this property offers the perfect blend of business ownership and comfortable living. The attached owner's suite allows for a seamless work-life balance, and the diverse range of offerings ensures multiple revenue streams. Seize the opportunity to own a business with a proven track record and solid community standing. Take the reins of this turnkey operation and continue the tradition of excellence in hospitality and entertainment that has defined this property for the past 15 years. Contact your favourite real estate agent today to schedule a viewing and explore the endless possibilities that await with this all-in-one hospitality and entertainment gem. Please note that the list price does not include inventory.More details
Unique Liquor store, Bar, restaurant &hotel business for sale, not the property. Nestled in Cremona Alberta, this meticulously maintained property boasts a perfect blend of modern comfort and classic charm, making it an ideal destination for both leisure and business travelers. 45 minutes from Calgary, the hotel enjoys proximity to key attractions, and transportation hubs, ensuring a steady flow of guests. The property features 20 well-appointed rooms and a manager suite, each tastefully decorated and equipped with modern amenities to ensure a comfortable stay. Liquor store with walk-in cooler. Bar (3 VLT), restaurant with commercial kitchen. Over $700K renovation including all motel furniture and restaurant equipment. With a strong history of occupancy rates and positive guest reviews, this hotel has established itself as a profitable business, making it an enticing opportunity for investors. The hotel is being offered as a turnkey operation, with all necessary licenses, permits, and equipment in place, allowing for a smooth transition of ownership.More details