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Hotels and Motels for sale in Cremona

Cremona, AB, CAN
Updated 23 hours ago
Established 1980

Unique Liquor store, Bar, restaurant &hotel business for sale, not the property. Nestled in Cremona Alberta, this meticulously maintained property boasts a perfect blend of modern comfort and classic charm, making it an ideal destination for both leisure and business travelers. 45 minutes from Calgary, the hotel enjoys proximity to key attractions, and transportation hubs, ensuring a steady flow of guests. The property features 20 well-appointed rooms and a manager suite, each tastefully decorated and equipped with modern amenities to ensure a comfortable stay. Liquor store with walk-in cooler. Bar (3 VLT), restaurant with commercial kitchen. Over $700K renovation including all motel furniture and restaurant equipment. With a strong history of occupancy rates and positive guest reviews, this hotel has established itself as a profitable business, making it an enticing opportunity for investors. The hotel is being offered as a turnkey operation, with all necessary licenses, permits, and equipment in place, allowing for a smooth transition of ownership.

Region

Mountain View County

Mls® Num

A2241689

Lease Rate

$12,000.00

Building Type

Commercial Mix

Property Type

Commercial

Transaction Type

For Lease

Property Sub Type

Hotel/Motel

Total Building Area

10,000 sq. ft.

Lease Payment Frequency

Monthly

Financials

Asking Price
$199K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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