4801 53 St, Forestburg
THIS IS A VERY PROFITABLE MOTEL BUSINESS; THIS IS AN EXCELLENT OPPORTUNITY FOR A FAMILY OR 2 FAMILIES. THE PROPERTY CONSISTS OF A 29 UNIT MOTEL (19 KITCHENETTE) WITH 3 BED OWNERS SUITE, CLEAN & COMFORTABLE. HWY 856 @ 53; SE OF EDMONTON, EAST OF RED DEER. FINANCIAL STATEMENT AVAILABLE FOR SERIOUS BUYER. (id:1945)
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Property details for 4801 53 St, Forestburg
- Type
- Hospitality
- Living Area
- 7,000 square feet
- Lot Size
- 49658.399999999994
Nearby Listings Stat
Estimated price and comparable properties near 4801 53 St
Active Listings
15
Min Price
$41,300
Max Price
$850,000
Avg Price
$317,387
Days on Market
638
days
Sold Listings
6
Min Sold Price
$186,000
Max Sold Price
$380,000
Avg Sold Price
$307,150
Days until Sold
162
days
Price History
Listed
December 22, 2025
by Royal Lepage Arteam Realty
Current Price
$599,000
-3.2% from last change
Type
Hospitality
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $599,000 | $20,000 (-3.2%) |
| Sep 15, 2026 | $619,000 | Listed |