$3,700,000
$3,900,000
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5700 46 AVE Taber, AB T1G 2B1
1.5 Acres Lot
Key Details
Sold Price $3,700,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
MLS® Listing ID A2171126
Sold Date 12/14/24
Originating Board Calgary
Year Built 1996
Annual Tax Amount $27,747
Tax Year 2023
Lot Size 1.500 Acres
Acres 1.5
Property Description
* WELL MAINTAINED BUSY FRANCHISE MOTEL * 48 ROOMS * SALES OVER $1.1M * LOT SIZE: 1.5 ACRES * BUILT IN 1996 * TOWN INDUSTRY: AGRICULTURE, GAS, OIL * CUSTOMERS INCLUDE NATURAL GAS, OIL DRILLING CREWS, FACTORY WORKERS FOR AGRICULTURAL PRODUCTS PROCESSING, TRAVELLERS
* RIGHT ON MAIN HIGHWAY 3 * TOWN IS BUSY WITH SEVERAL CONSTRUCTION PROJECTS; * The twinning project of Highway 3 near this town started in July 2024. The first phase will cover a 46 kilometre stretch. This project has been a priority for the region, especially as Highway 3 is a critical economic corridor, supporting both tourism and the agri-business sector. The project is part of a broader plan to twin the entire 215 kilometre length of the highway, which will take place over the next decade. * A new business complex is under development on the east side of this town near this motel along the Highway 3 service road. This project will feature ten business units, with several major retailers already confirmed. These include No Frills, Shoppers Drug Mart, and a Dollar Store. There are still spaces available for seven more businesses to join the complex.
Location
Province AB
County Taber, M.d. Of
Zoning CC(Comprehensive Commerci
Others
Restrictions None Known
Tax ID 56935537
Ownership Private
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