112 12 Avenue Sw, Slave Lake, Alberta T0G 2A0

Listed for:
$9,500,000
0 beds
0 baths
Listed 164 days ago
112 12 Avenue Sw, Slave Lake, Alberta T0G 2A0

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Listing provided by:
MaxWell Canyon Creek
MLS® number:
A2172972
Agent:
Francis C. Lee
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About

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:27476)

Property Highlights

MLS® Number
A2172972
Type
Business
Land Size
2.42 ac|2 - 4.99 acres

Building

Square Footage
42500 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location