4903 57 Avenue, Provost
Rare opportunity to acquire a well-established 27-room motel in the heart of Albertas active oilfield region. Deerhead Inn features 10 single rooms, 11 double rooms, 6 kitchenette rooms, and a 2-bedroom managers suite, serving primarily long-term oilfield and industrial workers. Successfully operated by the current ownership for approximately 15 years, the property benefits from a strong base of repeat corporate clientele, stable revenues, and straightforward operations with no restaurant or lounge operations. Significant capital improvements have been completed in recent years, including new roofing on all three buildings, new gutters and downspouts, multiple water heater replacements, sewer line replacement, parking lot gravel upgrades, electrical improvements, and various building maintenance updates. Strategically located along Highway 13 in Provost, this turnkey business offers attractive cash flow, strong operational history, and future growth potential through revenue optimization and expanded online marketing. An excellent opportunity for investors, owner-operators, or buyers pursuing business immigration opportunities with an established income-producing hospitality asset. (id:1945)
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Property details for 4903 57 Avenue, Provost
- Type
- Hospitality
- Living Area
- 10,500 square feet
- Lot Size
- 43560
Nearby Listings Stat
Estimated price and comparable properties near 4903 57 Avenue
Active Listings
19
Min Price
$20,000
Max Price
$1,050,000
Avg Price
$232,342
Days on Market
218
days
Sold Listings
5
Min Sold Price
$69,900
Max Sold Price
$432,900
Avg Sold Price
$193,500
Days until Sold
57
days
Neighbourhood Census Data
Provost, Alberta
Population
542
Median Age
36.8
Median Income
$48,000
Dwelling Value
$300,969
Housing Tenure
Owners 81%
Renters 16%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.7
Pop. Density: 306.3/km²
Avg Shelter Cost: $1,063/mo
Owners with Mortgage: 46.7%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 0%
English only: 99.1%
English and French: 0.9%
Median Household Income: $109,568
Median Employment Income: $34,432
Price History
Listed
May 29, 2026
by MaxWell Polaris
Current Price
$1,050,000
Type
Hospitality
For Sale
