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$1,390,000
Alberta,Wainwright
For Sale Active
601 12 Avenue, Wainwright, Alberta T9W1B3
  • 9,048 Sqft
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Basic Details
Description

Well-maintained motel located in Wainwright, offering stable cash flow and a semi-absentee ownership structure. The property generates approximately $341, 000 in annual revenue with an estimated NOI of approximately $139, 000, providing an attractive return for investors.The motel features 22 rentable guest rooms plus a manager’s suite and office. It benefits from a strong mix of clientele including work crews,

healthcare professionals, railway personnel, and general travelers. Approximately 50% of occupancy is derived from long-term stays, providing consistent and predictable cash flow throughout the year.The business is currently operated by an on-site manager couple, making it an ideal opportunity for investors seeking passive or semi-passive ownership. The manager’s suite is conveniently located adjacent to the front office, contributing to efficient day-to-day operations. There is also potential to increase profitability through owner-operation.The property has been well maintained, with major renovations completed in 2016. A new hot water tank was installed in 2025, and low immediate capital expenditure is anticipated. One guest room currently requires renovation and is being offered in as-is condition.Situated on approximately 1.5 acres, the property offers future expansion or redevelopment potential. Supported by demand from Canadian Forces Base Wainwright, the local oil and gas industry, agriculture, and regional services, this is an excellent opportunity to acquire a stable hospitality asset in a resilient regional market. (id:64429)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: A2315848
  • Price: $1,390,000
  • Square Footage: 9,048 Sqft
  • Year Built: 1958
  • Status: Active
  • Property Sub Type: Business
  • Office Key: 266514
Address Map
  • Location: CA, Alberta, Wainwright, Wainwright, T9W1B3
  • Street: 14
  • Street Number: 601
  • Street Suffix: Avenue
  • Longitude: W111° 8' 54.5''
  • Latitude: N52° 50' 34.7''
Financial
  • Tax Annual Amount: 18700
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Listing updated: 2026-07-02 00:20:31
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Listing Information
  • List Agent Key: 1675659
  • List Office Key: 266514
  • Modification Timestamp: 2026-06-15T21:40:06Z
  • Originating System Name: Calgary Real Estate Board
  • Status Change Timestamp: 2026-06-15T21:30:46Z
Powered by REALTOR.ca
Listing updated: 2026-07-02 00:20:31
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