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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 7G4
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Commercial PropertiesProperty Management

Mortgage Information

Estimated Payment

$0 Principal and Interest

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