About 5211 41 Avenue
Huge potential in this 65 room hotel located in the picturesque town of Athabasca, Alberta. The property was built in 1976 on 8.34 acres of land adjacent to Highway 2. There is currently 20 rooms that are able to be rented out and the others are needing repair or have been partially stripped with the intention of renovation. The restaurant can seat 70 people, adjacent lounge can seat an additional 50 people. Large kitchen area . The lounge has had a nice renovation with a beautiful bar area and lovely view from the top of the hill. There are currently 6 VLT’s on the premise with capacity for more. In 2021, a new roof was installed. Huge partially paved parking lot that will accommodate large trucks or crews with trailers. There is a lot of renovations that are needed throughout the hotel, but in a town that is needing more rentable rooms, this could be a gem.
Features of 5211 41 Avenue
| MLS® # | A2020449 |
|---|---|
| Price | $2,500,000 |
| Sold Price | $1,650,000 |
| Bathrooms | 0.00 |
| Acres | 8.34 |
| Year Built | 1976 |
| Type | Commercial |
| Sub-Type | Hotel/Motel |
| Status | Sold |
Community Information
| Address | 5211 41 Avenue |
|---|---|
| Subdivision | Athabasca Town |
| City | Athabasca |
| County | Athabasca County |
| Province | Alberta |
| Postal Code | T9S 1B6 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Boiler, Natural Gas |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | City Lot, Near Golf Course |
|---|---|
| Roof | Other |
Additional Information
| Date Listed | January 27th, 2023 |
|---|---|
| Date Sold | May 9th, 2024 |
| Days on Market | 468 |
| Zoning | C3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Office | ROYAL LEPAGE COUNTY REALTY |
|---|