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MLS® A2310955 · Active

5507 50TH Street

Viking, Alberta

$749,900

Source-listed price. Confirm sale or lease terms and availability.

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Property photographs

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Property details

MLS®
A2310955
Status
Active
Property type
Business
City
Viking
Year built
1969
Living area
11000 square feet
Listing brokerage
RE/MAX Real Estate (Mountain View)

About this property

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:65883)

Location

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Listing information provided through CREA DDF®. Listing courtesy of RE/MAX Real Estate (Mountain View). Source attribution · REALTOR.ca

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