Listing Provided Courtesy Of:
CENTURY 21 BRAVO REALTY
Address
5307 Macleod Trail SW Calgary, AB
Price
$ 4,400,000
Property Attributes
  • Listing#C4236370
  • TypeCommercial
  • CityCalgary
  • AreaCalgary - Zone CC
  • NeighbourhoodWindsor Park
  • Postal CodeT2H 0J3
  • StyleHotel/Motel
  • Price$ 4,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.02 Acres
Listing Provided Courtesy Of:
CENTURY 21 BRAVO REALTY
Property Description

Land value alone is more than the asking price. Business is also profitable. Best of both worlds. Established and profitable motel business with land for sale on busy Macleod Trail. Just minutes away from Chinook Centre Mall. Total 48 rooms with office/breakfast area. 44,546 SF (1.02 acres) lot is also great for future redevelopment. Recently renovated rooms. Lots of potential for your own ideas and concept to increase sales. Land use C-COR3 with F.A.R. 3 and max height 46 M. Prime land with 156 meter frontage on McLeod Tr. Commercial signage rental income is also great in this location because of the McLeod Tr traffic. The property is perfect for hold and future development, receiving a passive motel income while you plan and wait for appreciation. Right now the market is low and timing is right. Easy to arrange tour.

Price History
3/28/2019 Listed $7,000,000
4/12/2019 4% - $6,750,000
5/23/2019 2% - $6,650,000
5/29/2019 3% - $6,500,000
7/20/2019 4% - $6,300,000
8/8/2019 2% - $6,200,000
9/2/2019 2% - $6,100,000
9/13/2019 3% - $5,950,000
10/3/2019 2% - $5,850,000
10/5/2019 12% - $5,200,000
2/6/2020 4% - $5,000,000
6/25/2020 2% - $4,900,000
7/20/2020 11% - $4,400,000

General Features

Condo Type Not a Condo
District CAL Zone CC
HOA Fee 0.00
Property SubType Hotel/Motel
Property Type Commercial
Structure Type Hotel/Motel
Subdivision Name Windsor Park
Transaction Type For Sale
Zoning C-COR3 f3.0h46

Interior Features

Building Area Total Metres 0.00
Building Area Total Sf 0.00
Main Level Finished Area Units SquareFeet

Exterior Features

Building Area Total 0.00
Frontage Length 106.5800
Lot Description Triangular Lot
Lot Size Acres 1.02
Water Source See Remarks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in T2H 0J3

Price
AVG $2.98M
$4.4M
Visits
AVG 27
63
Walkscore
AVG 69
72
Data Provided by Walkscore ® not using MLS data

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