About 5700 46 Avenue
* 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.
Features of 5700 46 Avenue
| MLS® # | A2171126 |
|---|---|
| Price | $3,900,000 |
| Sold Price | $3,700,000 |
| Bathrooms | 0.00 |
| Acres | 1.50 |
| Year Built | 1996 |
| Type | Commercial |
| Sub-Type | Hotel/Motel |
| Status | Sold |
Community Information
| Address | 5700 46 Avenue |
|---|---|
| Subdivision | NONE |
| City | Taber |
| County | Taber, M.D. of |
| Province | Alberta |
| Postal Code | T1G 2B1 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Additional Information
| Date Listed | October 5th, 2024 |
|---|---|
| Date Sold | December 14th, 2024 |
| Days on Market | 70 |
| Zoning | CC(Comprehensive Commerci |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Office | CIR Realty |
|---|