
List Price: $2,490,000
8124 Sparrow Drive, Leduc , Alberta, T9E 7G4
Hotel/Motel|MLS - #|Sold
Bed
Bath
15569.00 Sqft.
Client Remarks
The subject is well located and easily accessible to a major north/south throughfare, Highway 2 which connects Edmonton and Calgary. Huge 2.84 Acres of C3(General Commercial District) zone of land with 2 storey 48 units of (288Sqft/room) the motel. It can be developed such as clinic, Automotive Sales, restaurants and other professional office, recycling, storage etc at the extra land with a motel business operation (Refer to the zone classification). The subject has a 6.75% site coverage ratio which is substantially less than maximum allowable under the zoning regulation for the C3 Classification( 30%).
Revenue Details (Year end June 30) 2022: $237,767, 023 : $331,578 , 2024 : $447,209 , NOI : 2023 : $131,968, 2024 :$264,431
Property Description
8124 Sparrow Drive, Leduc, Alberta, T9E 7G4
Property type
Hotel/Motel
Lot size
N/A acres
Style
N/A
Approx. Area
15569.00 Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
None
Building size
15569.00
Status
In-Active
Property sub type
Maintenance fee
$0
Year built
--

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8124 Sparrow Drive, Leduc, Alberta, T9E 7G4Nearby Places

Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
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Mortgage Information
Estimated Payment
$0 Principal and Interest
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