3 weeks ago
$849,000
5604 4 Avenue
Edson, Alberta · Edson · T7E1L6
MLS® Number: A2337174
- 7,301Square Feet
Listing Description
TURNKEY HOSPITALITY INVESTMENT – PRIME HIGHWAY 16 LOCATIONOpportunity awaits with this well-established and profitable 16-room motel, strategically located along Highway 16 in Edson, Alberta—an important transportation corridor and gateway to Jasper National Park. Offering excellent visibility, strong curb appeal, a proven operating history and immediate income potential, this property presents an exceptional opportunity for an investor or owner-operator.The property features a versatile mix of accommodations, including standard guest rooms, studio kitchenettes and spacious one-bedroom kitchenette suites. Half of the guest units offer kitchen facilities, making the property particularly attractive to extended-stay guests, workers and long-term clientele.The prime location, directly across from Walmart and within walking distance of restaurants, shopping and other amenities, provides excellent exposure and convenient access for guests. A loyal customer base and strong repeat business contribute to the property's established reputation, while numerous recent upgrades have enhanced both the guest experience and overall appeal. The property currently maintains a 4+ star online rating, reflecting its strong reputation within the local hospitality market.Designed for efficient operation, the business requires minimal staffing and is currently managed remotely. Annual revenue is approximately $220,000, with an adjusted NOI of approximately $110,000. For an owner-operator living in the onsite three-bedroom manager's suite, there is additional potential to reduce accommodation expenses while taking a more hands-on approach to operations.Significant future growth potential exists as Edson continues to experience economic development. The planned $86 million Edson Leisure Centre and the upcoming $2.8 billion ATCO Yellowhead Pipeline project are expected to contribute to increased economic activity and potential demand for local accommodation.Additional upside may be achi eved by converting existing space into a 17th guest suite. Plumbing and washroom infrastructure are already in place, with estimated completion costs of less than $7,000.This turnkey opportunity offers flexible management options, manageable day-to-day operations and full training from the current owner to assist with a smooth transition. Offered as-is and competitively priced, this is a rare opportunity to acquire an established hospitality business with strong cash flow, minimal operational complexity and meaningful future upside. (id:65883)
Property Summary
- Property Type
- Other
- Square Footage
Legal Description
Plan :- 0018608265 Block :- 174 Lot :- 1-6
Building
Building Features
- Foundation
- Poured Concrete
- Year Built
- 1970
Heating & Cooling
- Heating Type
- Natural gas
Land
Lot
- Lot Size
- 42000 square feet
- Lot Dimensions
- 42000.00
Zoning
- Zoning
- C2
Tax & HOA
Tax
- Annual Tax
- $10,549
- Tax Year
- 2026





