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Main Photo: 776 and 780 8 Street SW: Medicine Hat Mixed Use for sale : MLS®# A2144925
Photo 1: 776 and 780 8 Street SW: Medicine Hat Mixed Use for sale : MLS®# A2144925
Photo 2: 776 and 780 8 Street SW: Medicine Hat Mixed Use for sale : MLS®# A2144925
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Photo 8: 776 and 780 8 Street SW: Medicine Hat Mixed Use for sale : MLS®# A2144925
Photo 9: 776 and 780 8 Street SW: Medicine Hat Mixed Use for sale : MLS®# A2144925
Photo 10: 776 and 780 8 Street SW: Medicine Hat Mixed Use for sale : MLS®# A2144925
Photo 11: 776 and 780 8 Street SW: Medicine Hat Mixed Use for sale : MLS®# A2144925
Photo 12: 776 and 780 8 Street SW: Medicine Hat Mixed Use for sale : MLS®# A2144925
Photo 13: 776 and 780 8 Street SW: Medicine Hat Mixed Use for sale : MLS®# A2144925
Photo 14: 776 and 780 8 Street SW: Medicine Hat Mixed Use for sale : MLS®# A2144925
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2144925
Build. Type:
Free-Standing
Rare opportunity to acquire 3 businesses (portfolio sale of Motel, Liquor Store & Restaurant) with real estate included! Price includes land, building, business and equipment. Inventory of Liquor Store not included. All businesses and inclusions of the sale are sold together (portfolio sale). Situated 5 minutes away from Medicine Hat Regional Airport, 2 hours west of Swift Current and 3 hours east of Calgary. Located along Highway 1 with dedicated entry and exit. Close proximity to restaurants, gas stations, hospitals and shopping centres and right across from a well known hotel, Econolodge inn and suites. Motel : Currently operating as TC Motel. Used for long term tenants. 15 rooms with kitchenettes and 3 without it. Recently renovated. Liquor Store: Currently operating as Bob's Liquor Store. 1,889 SqFt with 1,000 SqFt storage. Inventory is $450,000 approximately. One of the busiest liquor stores in the city. ** Inventory not included in the listed price** Restaurant: Stand alone restaurant building can be leased out to increase income. Previously charged $3,600 per month for a Triple Net Lease (NNN). Recently renovated in 2021. With full commercial kitchen with one walk-in cooler and freezer and 70+ occupancy. Former Italian restaurant. Now vacant to set up any kind of restaurant. With two designated handicapped washroom. Hotel across the street (Econolodge inn and suites) is also available for sale. Kindly see MLS Listing A2144903 for the portfolio sale.
Property Type:
Commercial
Property Sub Type:
Mixed Use
Transaction Type:
For Sale
Possession:
Negotiable
Building Type:
Free-Standing, See Remarks
Business Type:
Hotel/Motel, Liquor Store, Restaurant
Business Name:
Econo Lodge Inn & Suites, TC Motel, Bob's Liquor Store
Taxes:
$18,754.43 / 2023
Year built:
1953 (Age: 71)
Bathrooms:
- (Full:-, Half:-)
Plan:
0512798
Structure Type:
Mixed Use
Ensuite:
No
Garage:
0
NONE
NA
None Known
Title to Land:
Fee Simple
Access To Property:
Accessible to Major Traffic Route, Airport Nearby, Direct Access, Paved Road, Visual Exposure
Num. of Parcels:
0
Region:
Medicine Hat
Zoning:
C-H
Listed Date:
Jun 26, 2024
Days on Mkt:
181
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Listed by RE/MAX Complete Realty
Data was last updated December 24, 2024 at 04:05 PM (UTC)
Simon Choi - Prestige Commercial Group
  • Simon Choi - Prestige Commercial Group
  • RE/MAX Complete Realty
  • 403-479-1472
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