5022 51 Ave, Mayerthorpe
Profitable hotel property located at the busy junction of Highway 43 and Highway 22, featuring 11 guest rooms, a 225-seat tavern with 7 VLTs, a leased café and restaurant generating $2,750/month, a 2-bedroom manager’s suite, and multiple income streams in a thriving town of 1,400 with a large surrounding trading area. (id:1945)
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Property details for 5022 51 Ave, Mayerthorpe
- Type
- Hospitality
- Lot Size
- 18295.2
Nearby Listings Stat
Estimated price and comparable properties near 5022 51 Ave
Active Listings
28
Min Price
$22,900
Max Price
$890,000
Avg Price
$206,132
Days on Market
146
days
Sold Listings
6
Min Sold Price
$12,900
Max Sold Price
$308,000
Avg Sold Price
$174,050
Days until Sold
135
days
Neighbourhood Census Data
Mayerthorpe, Alberta
Population
427
Median Age
51.8
Median Income
$30,144
Dwelling Value
$149,889
Housing Tenure
Owners 73%
Renters 27%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 395.7/km²
Avg Shelter Cost: $933/mo
Owners with Mortgage: 60%
Owners Spending 30%+: 20.8%
Tenants Spending 30%+: 66.7%
English only: 97%
English and French: 1.5%
Median Household Income: $59,264
Median Employment Income: $36,992
Price History
Listed
December 22, 2025
by Royal Lepage Arteam Realty
Current Price
$690,000
Type
Hospitality
For Sale
