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1303 Mayor Magrath Drive S
Lethbridge College Lethbridge T1K 2R1

$7,850,000
Commercial

Outdoor View of Ramada Inn
Photo 1: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
Photo 2: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
Photo 3: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
Photo 4: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
Photo 5: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
Photo 6: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
Photo 7: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2165361
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 86 rooms—66 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.
Property Type:
Commercial
Property Sub Type:
Hotel/Motel
Transaction Type:
For Sale
Possession:
Possession Date:
Total Building Area:
41,084 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
1974 (Age: 50)
Bathrooms:
- (Full:-, Half:-)
Plan:
3100JK
Structure Type:
Hotel/Motel
Ensuite:
No
Garage:
0
Lethbridge College
Hotel Furnitures And True Swing Indoor Golf Equipment
None Known
Num. of Parcels:
0
Region:
Lethbridge
Zoning:
C-H
Listed Date:
Sep 12, 2024
Days on Mkt:
  • Photo 1: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
    Outdoor View of Ramada Inn
  • Photo 2: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
    Bird's Eye View of the Property
  • Photo 3: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
    Lobby of the Ramada Inn
  • Photo 4: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
    Indoor Golf Swing
  • Photo 5: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
    Inside of indoor golf swing
  • Photo 6: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
    Photo 6 of 7
  • Photo 7: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
    Photo 7 of 7
Larger map options:
Listed by Grand Realty
Data was last updated December 4, 2024 at 10:05 PM (UTC)
Rob Campbell
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