115 2 Street Se, Vulcan
- Living area: 8213 square feet
- Type: Commercial
- Added: 1 year ago
- Updated: 6 days ago
- Last Checked: 15 hours ago
- Listed by: CIR Realty
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Listing description
This Commercial listing at 115 2 Street Se Vulcan, AB with the MLS Number a2154711 listed by Hyunil Koh - CIR Realty on the Vulcan market 1 year ago at $1,330,000.
A well-maintained, one of few motels nestled in the hub of construction sites for solar power, wind turbine and oil related industry. Very good revenue. The average revenue for four years is $370,000. (2025: $481,000, 2024: $379,000, 2023: $291,000, 2021: $320,000. Year end is March.) Larger part of customers stay on monthly or weekly basis for the construction. The 24-key count is an ideal size for easy managing of a first-time motel buyer looking stable revenue with low purchasing budget. 13 rooms are an apartment style, a separate living area with kitchenette and a bedroom. All rooms have its own outside doors for the customer's easy access directly to the rooms. This property includes a spacious two-bedroom residence for owners or managers. There are only two hotels in the town. It is room only and very easy operation. (id:1945)
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Nearby Listings Stat Estimated price and comparable properties near 115 2 Street Se
Active listings
34
Min Price
$24,200
Max Price
$1,330,000
Avg Price
$176,135
Days on Market
699 days
Sold listings
10
Min Sold Price
$20,000
Max Sold Price
$487,900
Avg Sold Price
$312,550
Days until Sold
50 days
Nearby Places Nearby schools and amenities around 115 2 Street Se
Vulcan Airport
(1.9 km)
Vulcan
Price History
August 6, 2024
by CIR Realty
$1,330,000
