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  • * $9,500,000
  • Acres2.42
  • Built2008
  • DOM95
$9,500,000

112 12 Avenue Sw, in Slave Lake, AB

This is a Commercial Listing.

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112 12 Avenue Sw, in Slave Lake

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 till September: $2,040,349 NET OPERATING INCOME 2022: $931,975, 2023: $1,641,247

$9,500,000
112 12 Avenue Sw, Slave Lake, Alberta

Essential Information

  • MLS® #A2172972
  • Price$9,500,000
  • Price per Sqft224
  • Price Per SqFt$224
  • Bathrooms0.00
  • Acres2.42
  • Year Built2008
  • TypeCommercial
  • Sub-TypeHotel/Motel
  • StatusActive
  • Days on Market95

Exterior

  • Lot Size Square Feet105415.00

Listing Details

  • Listing OfficeMaxWell Canyon Creek

Community Information

  • Address112 12 Avenue Sw
  • CitySlave Lake
  • ProvinceLesser Slave River No. 124, M.D. of
  • Postal CodeT0G 2A0

Additional Information

  • ZoningC 1 Central Commercial Di
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