$ 7,850,000
1303 Mayor Magrath DR South Lethbridge, AB T1K 2R1
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 7,850,000
Est. payment /mo
Active
1303 Mayor Magrath DR South Lethbridge, AB T1K 2R1
UPDATED:
09/14/2024 02:55 AM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Subdivision Lethbridge College
MLS® Listing ID A2165361
Year Built 1974
Property Description
Sale of Property and Business together. Presenting a prime investment opportunity in the heart of Lethbridge, this property includes both the Ramada Inn by Wyndham and the Chinook Motel, offering a combined total of 86 rooms—66 in the Ramada and 20 in the Chinook. Centrally located, this property benefits from excellent visibility and accessibility, making it a popular choice for both leisure and business travelers. Additionally, the site features the True Swing Indoor Golf, a unique amenity that enhances the guest experience. With strong revenues and a well-established presence in the market, this property is an exceptional opportunity for investors seeking a high-performing hospitality business.
Location
Province AB
County Lethbridge
Zoning C-H
Interior
Inclusions Hotel Furnitures And True Swing Indoor Golf Equipment
Building
Dwelling Type Hotel/Motel
Others
Restrictions None Known
Tax ID 91510103
Listed by Grand Realty