Share
$950,000
Alberta,Edson
For Sale Active
5604 4 Avenue, Edson, Alberta T7E1L6
  • 7,301 Sqft
Basic Details
Description

For more information, please click the “More Information” button. Opportunity Awaits: Cash-Flowing Motel in Edson, Alberta. Presenting the Castle Motel Edson, a well-established, high-performing hospitality property now available for purchase. Located directly on Highway 16, a major route to Jasper National Park, this 16-room motel offers unbeatable visibility, excellent curb appeal, and consistent revenue. The motel features a variety of

accommodation options including standard rooms, studio kitchenettes, and one-bedroom kitchenette suites, with half of the inventory comprising full kitchen units — ideal for extended-stay guests. Its strategic location places it kitty-corner to Walmart, surrounded by popular eateries, and directly across from the site of the upcoming Mikes restaurant franchise, further boosting visibility and guest traffic. Consistently popular with long-term guests, the Castle Motel offers ease of operations with minimal staffing needs, strong margins, and a reliable on-site manager available to continue operations if required. Recent upgrades have significantly enhanced the guest experience, leading to strong repeat business and glowing reviews. Currently operated remotely, the business generates $220,000 in annual revenue with an adjusted NOI of $95,000. A hands-on owner-operator living in the onsite 3-bedroom manager’s suite could easily achieve $140,000+ through operational cost savings. Now ranked 4+ stars online, and 5th out of 16 properties amongst all online reviews, Castle Motel stands out for quality, comfort, and return on investment. Looking ahead, Edson is poised for growth. Two major projects — the Edson Leisure Centre (now underway) and the ATCO Yellowhead Pipeline project (starting in early 2026) — are expected to significantly increase demand for local accommodations, providing strong upside potential for occupancy and revenue growth. Additional upside: There is room to possibly add a 17th guest suite, with existing plumbing and washroom infrastructure already in place. Completion cost is estimated $10,000. This is a turnkey, cash-flowing business with flexible management options. It currently requires just 6–8 hours of work per day, making it a fantastic investment for either remote operators or owner-occupiers. Full operational training will be provided by the current owner to ensure a smooth transition. Offered “as is” and priced to sell quickly, the Castle Motel represents a rare opportunity to acquire a profitable, easy-to-run hospitality asset. The seller is motivated only by a move to a larger property acquisition. Note: Proof of funds is required. Traditional financing options for motels in Alberta is limited. Please do not approach staff regarding the sale. Serious inquiries only. (id:62650)

Read More
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: A2241763
  • Price: $950,000
  • Square Footage: 7,301 Sqft
  • Year Built: 1970
  • Status: Active
  • Property Sub Type: Business
  • Office Key: 286415
Address Map
  • Location: CA, Alberta, Edson, Edson, T7E1L6
  • Street: 4
  • Street Number: 5604
  • Street Suffix: Avenue
  • Longitude: W117° 33' 10.2''
  • Latitude: N53° 34' 45.2''
Financial
  • Tax Annual Amount: 13659.06
Powered by REALTOR.ca
Listing updated: 2025-09-13 17:49:25
List Your Property
Mortgage Calculator
Get Pre-Approved
$
$
%
%
years
Monthly Payment (Est.) $
Similar Properties
Listing Information
  • List Agent Key: 2087432
  • List Office Key: 286415
  • Modification Timestamp: 2025-07-25T03:45:39Z
  • Originating System Name: Central Alberta REALTORS® Association
  • Status Change Timestamp: 2025-07-25T03:41:24Z
Powered by REALTOR.ca
Listing updated: 2025-09-13 17:49:26

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

How It Works

1. Purchase Your Package

2. We Ship Your ‘For Sale’ Sign

3. Book Your VR Tour

4. Complete Listing Input Forms

5. We Make Your Listing Live

6. Get Support 7 Days a Week

7. iSOLD!

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

How It Works

1. Purchase Your Package

2. We Ship Your ‘For Sale’ Sign

3. Book Your VR Tour

4. Complete Listing Input Forms

5. We Make Your Listing Live

6. Get Support 7 Days a Week

7. iSOLD!