Taber, AB T1G 2B1,5700 46 AVE
$3,700,000
$3,900,000
5.1%
Est.Price: ?

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1.5 Acres Lot

5700 46 AVE Taber, AB T1G 2B1

Est. payment /mo
SOLD DATE : 12/14/2024

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Key Details

Sold Price $3,700,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

MLS® Listing ID A2171126

Sold Date 12/14/24

Originating Board Calgary

Year Built 1996

Annual Tax Amount $27,747

Tax Year 2023

Lot Size 1.500 Acres

Acres 1.5

Property Description

* WELL MAINTAINED BUSY FRANCHISE MOTEL * 48 ROOMS * SALES OVER $1.1M * LOT SIZE: 1.5 ACRES * BUILT IN 1996 * TOWN INDUSTRY: AGRICULTURE, GAS, OIL * CUSTOMERS INCLUDE NATURAL GAS, OIL DRILLING CREWS, FACTORY WORKERS FOR AGRICULTURAL PRODUCTS PROCESSING, TRAVELLERS
* RIGHT ON MAIN HIGHWAY 3 * TOWN IS BUSY WITH SEVERAL CONSTRUCTION PROJECTS; * The twinning project of Highway 3 near this town started in July 2024. The first phase will cover a 46 kilometre stretch. This project has been a priority for the region, especially as Highway 3 is a critical economic corridor, supporting both tourism and the agri-business sector. The project is part of a broader plan to twin the entire 215 kilometre length of the highway, which will take place over the next decade. * A new business complex is under development on the east side of this town near this motel along the Highway 3 service road. This project will feature ten business units, with several major retailers already confirmed. These include No Frills, Shoppers Drug Mart, and a Dollar Store. There are still spaces available for seven more businesses to join the complex.

Location

Province AB

County Taber, M.d. Of

Zoning CC(Comprehensive Commerci

Others

Restrictions None Known

Tax ID 56935537

Ownership Private

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Listed by CIR Realty

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agent

Ryan Parry

eXpert Advisor - Realtor | License ID: 00015043

+1(403) 316-0573

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