5507 50th Street, Viking, Alberta T0B 4N0 (29749295)

5507 50th Street Viking, Alberta T0B 4N0

11,000 sqft

$749,900

RARE OPPORTUNITY TO OWN THE HIGHLY PROFITABLE 22-ROOM VIKING LAMPLIGHTER MOTEL STRATEGICALLY LOCATED AT 5507 50 STREET! THIS TURNKEY BUSINESS IS A POWERHOUSE FOR AN OWNER-OPERATOR, FEATURING 6 KITCHENETTES AND 13 DOUBLE ROOMS PERFECTLY EQUIPPED FOR STEADY INCOME FROM SHORT-TERM TRAVELERS AND LONG-TERM CONTRACT WORKERS. THE SALE INCLUDES AN UNMATCHED OWNER’S LIFESTYLE FEATURING A FULLY RENOVATED 1,350 SQ. FT. BUNGALOW WITH A FINISHED BASEMENT , A PREMIUM LIVING STANDARD RARELY FOUND IN THE INDUSTRY. BOASTING A 36% REVENUE INCREASE YEAR-OVER-YEAR FROM 2024 TO 2025, THIS BUSINESS SHOWS A CONSISTENT UPWARD TRAJECTORY. POSITIONED DIRECTLY ACROSS FROM THE HIGH SCHOOL NEAR ESSENTIAL SERVICES, THE SITE OFFERS EXCELLENT VISIBILITY AND LONG-TERM LAND VALUE. WELL-MAINTAINED WITH A LOYAL CLIENTELE AND PROVEN SALES HISTORY, VTB FINANCING OPTIONS MAY BE AVAILABLE FOR QUALIFIED BUYERS. INVEST IN THIS HIGH-YIELD ASSET IN A GROWING COMMUNITY TODAY! (id:50955)

Property Details

MLS® Number A2310955
Property Type Business
Community Name Viking
Plan 5216mc

Building

Constructed Date 1969
Size Exterior 11000 Sqft
Size Interior 11,000 Sqft
Total Finished Area 11000 Sqft

Land

Acreage No
Size Total Text Unknown
Zoning Description C2

https://www.realtor.ca/real-estate/29749295/5507-50th-street-viking-viking


Gaganjit Multani
Associate

(825) 558-5805
RE/MAX Real Estate (Mountain View)
101, 110 Country Hills Landing NW
Calgary, Alberta T3K 5P3

(403) 247-5178

Sai Patel
Associate

(587) 897-4500
www.saipatel.ca/
RE/MAX Real Estate (Mountain View)
101, 110 Country Hills Landing NW
Calgary, Alberta T3K 5P3

(403) 247-5178

Your Favourites

 

No Favourites Found

 

Privacy Settings
We use cookies to enhance your experience while using our website. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We also use content and scripts from third parties that may use tracking technologies. You can selectively provide your consent below to allow such third party embeds. For complete information about the cookies we use, data we collect and how we process them, please check our Privacy Policy