5211 41 Avenue, Athabasca, Alberta T9S 1B6

Huge potential in this 65 room hotel located in the picturesque town of Athabasca, Alberta. The property was built in 1976 on 8.34 acres of land adjacent to Highway 2. There is currently 20 rooms that are able to be rented out and the others are needing repair or have been partially stripped with the intention of renovation. The restaurant can seat 70 people, adjacent lounge can seat an additional 50 people. Large kitchen area . The lounge has had a nice renovation with a beautiful bar area and lovely view from the top of the hill. There are currently 6 VLT’s on the premise with capacity for more. In 2021, a new roof was installed. Huge partially paved parking lot that will accommodate large trucks or crews with trailers. There is a lot of renovations that are needed throughout the hotel, but in a town that is needing more rentable rooms, this could be a gem. (id:27476)

This hotel property in Athabasca, Alberta is a promising investment opportunity, boasting 65 rooms and sitting on 8.34 acres of land next to Highway 2. Although currently only 20 rooms are available for rent, the rest are in need of repair or renovation. The hotel features a restaurant with a seating capacity of 70, as well as a lounge that can accommodate an additional 50 people. The kitchen area is spacious, and the recently renovated lounge offers a beautiful bar area and a stunning view from the top of the hill. Additionally, there are 6 VLT's on the premises with the potential for more. The property also includes a large partially paved parking lot suitable for large trucks and trailers.

In 2021, a new roof was installed, but there are still numerous renovations required throughout the hotel. Despite this, the property holds great potential in a town where the demand for rentable rooms is high.

Currently listed for sale, this property has a land size of 8.34 acres and is located at 5211 41 Avenue in Athabasca, Alberta. The postal code for this property is T9S1B6, situated in the community of Athabasca Town. Heating fuel for the property is provided by natural gas.