Property Details for MLS® # A2186574
8124 Sparrow Drive, Leduc
Motel/Hotel Property for Sale
- MLS®#: A2186574
- Price: $2,490,000
- Status: Active
- Year Built: 1991
The subject is well located and easily accessible to a major north/south throughfare, Highway 2 which connects Edmonton and Calgary. Huge 2.84 Acres of C3(General Commercial District) zone of land with 2 storey 48 units of (288Sqft/room) the motel. It can be developed such as clinic, Automotive Sales, restaurants and other professional office, recycling, storage etc at the extra land with a motel business operation (Refer to the zone classification). The subject has a 6.75% site coverage ratio which is substantially less than maximum allowable under the zoning regulation for the C3 Classification( 30%). Revenue Details (Year end June 30) 2022: $237,767, 023 : $331,578 , 2024 : $447,209 , NOI : 2023 : $131,968, 2024 :$264,431
Contact Dan Salloum About MLS® A2186574
Dan Salloum, 403-807-0366 at RE/MAX HOUSE OF REAL ESTATE, 4034-16 st SW, Calgary, Alberta, T2T-4H4
property information
- Property Type: Motel/Hotel Property
- MLS®#: A2186574
- Year Built: 1991
- Lot Size: 2.84 sq.ft.
- Restrictions: See Remarks
Community Information
- Address: 8124 Sparrow Drive
- Neighbourhood: Leduc Common
- City: Leduc
- Postal Code: T9E 7G4
interior
- Included: N/A
- Fireplace Details: For Sale
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