$8,700,000

112 12 Avenue Sw, Slave Lake, Alberta

2.42

Acres

A2172972

MLS® Number

357

Days on Market

$800,000

Price Change

For Sale

Listing Type

$8,700,000 | NONE Slave Lake Hotel/Motel for Sale at 112 12 Avenue Sw Slave Lake

Attention for the huge reduction the price ! 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 : $2,737,938 NET OPERATING INCOME 2022: $931,975, 2023: $1,641,247

Financial and Mortgage

List Price $8,700,000
Previous Price $9,500,000
Price Reduction $800,000
Monthly Payment $36,277/month
Get Prequalified
Days on Market 357

112 12 Avenue Sw Details

Show Less

Construction and Lot

Year Built 2008
Bathrooms 0.00
Has Basement No

Exterior of 112 12 Avenue Sw

Lot Size Square Feet 105415.00
Type Commercial
Sub-Type Hotel/Motel

Interior

Fireplace No

Measurements

Lot Size Square Feet 105415.00

NONE Information

About NONE in Slave Lake

Address 112 12 Avenue Sw
Subdivision NONE
City Slave Lake
County Lesser Slave River No. 124, M.D. of
Province Alberta
Postal Code T0G 2A0
Office/Brokerage MaxWell Canyon Creek

NONE Map, Demographics, Characteristics

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