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$275,000
Est. payment /mo
17,700 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 17,700 sqft
Price per Sqft $15
Subdivision Breton
MLS Listing ID A2314922
Year Built 1930
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Hotel/Motel
Property Description
JUDICIAL SALE – COURT OF KING'S BENCH OF ALBERTA Opportunity awaits in the Village of Breton,Alberta. This Court-ordered judicial sale presents a unique opportunity to acquire a substantial mixed-use commercial property with significant redevelopment and value-add potential. The property features approximately 17,700 square feet of building area and includes a former motel operation,restaurant/pub space,manager's living quarters,and a former liquor store area that may be suitable for a variety of future commercial uses,subject to municipal approvals and purchaser investigations. - 13 guest accommodation units (historical configuration. (1 kitchenette room),148 seat tavern with VLT's,and a liquor store in the main floor. The manager's suite consists of a living room,a bedroom with a large kitchen and bath. Strategically located in Breton,the property is positioned within a region supported by agriculture,forestry,energy,and industrial activity. The area has historically served contractors,tradespeople,and resource-sector workers requiring short and long-term accommodation. The property's size and configuration may offer potential for workforce housing,staff accommodations,hospitality redevelopment,mixed-use commercial operations,or other adaptive re-use opportunities. IMPORTANT NOTICE: This property is being sold pursuant to a Judicial Sale process under the Court of King's Bench of Alberta. The property is offered strictly on an "AS IS,WHERE IS" basis with no representations or warranties of any kind. The building has experienced significant deterioration and will require substantial clean-up,repairs,remediation,and capital investment. Interested parties should conduct their own independent inspections and investigations regarding the condition of the property,zoning,permitted uses,environmental matters,building systems,and redevelopment potential. Additional information,photographs,and property details may be made available to qualified interested parties upon execution of appropriate confidentiality documentation. This offering may be particularly attractive to investors,developers,workforce housing operators,hospitality groups,contractors,and entrepreneurs seeking a value-add redevelopment project with substantial upside potential. Contact the listing agent for further information regarding the judicial sale process and available due diligence materials.
Location
Province AB
Zoning 30
Interior
Fireplace No
Exterior
Garage No
Building
Dwelling Type Hotel/Motel
Others
Restrictions None Known
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Listed by Century 21 Bravo Realty
NEARBY SCHOOL & BUSINESS
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