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List Price: $9,500,000

112 12 Avenue, Slave Lake , Alberta, T0G 2A0

- By MaxWell Canyon Creek
Hotel/Motel|MLS - #|Active
Bed
Bath
42500.00 Sqft.

Client Remarks

Three story limit service 89 room wood frame hotel that used to be NOVA Hotel and converted as Big Lake Inn from 2012 . . Slave Lake has the third largest population base of any Alberta municipality north of Edmonton. Its economy has been driven throughout the past three decades by the Oil& Gas and Forest industries. In a continuing effort to diversify the economy, Slave Lake is encouraging increases in the tourism, manufacturing, and value-added sectors. In addition, Slave Lake is further evolving into an even greater regional service centre, with additional retail, education, health, financial, government, and transportation services. Enterprising men and women recognize the almost unlimited potential for growth and spin-off business in the primary industries of petroleum and forestry, along with burgeoning activity in tourism. REVENUE(Yearend December 31 ) 2022 : $1,975,869, 2023 : $2,856,40, 2024 : $2,737,938 NET OPERATING INCOME 2022: $931,975, 2023: $1,641,247
Property Description

112 12 Avenue, Slave Lake, Alberta, T0G 2A0

Property type

Hotel/Motel

Lot size

N/A acres

Style

N/A

Approx. Area

42500.00 Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

None

Building size

42500.00

Status

In-Active

Property sub type

Maintenance fee

$0

Year built

--

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112 12 Avenue, Slave Lake, Alberta, T0G 2A0
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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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