AB > Slave Lake
Slave Lake, AB T0G2A0,112 12 Avenue SW
Slave Lake, AB T0G2A0,112 12 Avenue SW
Slave Lake, AB T0G2A0,112 12 Avenue SW
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$9,500,000
Est. payment /mo
42,500 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 42,500 sqft

Price per Sqft $223

MLS® Listing ID A2172972

Year Built 2008

Lot Size 2.420 Acres

Acres 2.42

Source Calgary Real Estate Board

Property Description

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 (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

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Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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