
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 2A0Nearby 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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