Taber, AB T1G 2B1,5700 46 AVE

$3,700,000

Est. payment /mo

$3,900,000

5.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5700 46 AVE Taber, AB T1G 2B1

1.5 Acres Lot

SOLD DATE : 12/14/2024

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

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by CIR Realty

Karamveer Kamboj

+1(403) 671-2625

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.