$ 2,080,000

519 2 Avenue W, Hanna

  • Living area: 17985 square feet
  • Type: Commercial
  • Added: 2 months ago
  • Updated: 2 months ago
  • Last Checked: 18 hours ago
  • Listed by: Grand Realty

Listing description
This Commercial listing at 519 2 Avenue W Hanna, AB with the MLS Number a2265088 listed by Jay Choi - Grand Realty on the Hanna market 2 months ago at $2,080,000.

Located in Hanna, Alberta—a regional hub for energy, agriculture, and essential services—the WEST VIEW MOTEL offers investors a rare turnkey hospitality opportunity. Hanna benefits from stable economic drivers including oil & gas, power generation (natural gas turbine station, wind energy projects, and proposed solar farms), and large-scale farming operations, which together bring a consistent flow of long-term workers and travelers to the area. The town also serves as a service centre for surrounding rural communities, featuring schools, a hospital, and essential retail, supporting a steady local population of approximately 2,500 with a broader regional draw.The WEST VIEW MOTEL is well-positioned within this market, where only three motels compete, including one at the high end (Canalta at $200/night), leaving West View ideally placed to capture mid-market and extended-stay demand. The property sits on 1.7 acres with 44 guest rooms, a two-bedroom manager’s suite, nearly 18,000 sq.ft. of improvements, and additional land for parking or future evelopment. Significant upgrades have been completed, including a new sloped metal roof, full exterior and interior painting, hardwood flooring, new furniture, modern PTAC units, and in-room amenities, ensuring minimal capital requirements for incoming ownership. With a strong operating history, upgraded facilities, and a resilient market supported by industry and infrastructure, WEST VIEW MOTEL represents a compelling investment with immediate income and long-term growth potential. Attached NDA required for more information. (id:1945)
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Property Details Key information about 519 2 Avenue W
  • Year Built: 1978
  • Building Area Total: 17985
Interior Features Discover the interior design and amenities
  • Living Area: 17985
  • Above Grade Finished Area: 17985
  • Above Grade Finished Area Units: square feet
Exterior & Lot Features Learn about the exterior and lot specifics of 519 2 Avenue W
  • Lot Size Units: acres
  • Lot Size Dimensions: 1.70
Location & Community Understand the neighborhood and community
  • Common Interest: Freehold
  • Street Dir Suffix: West
  • Subdivision Name: Hanna
Business & Leasing Information Check business and leasing options available at 519 2 Avenue W
  • Business Type: Accommodation
Tax & Legal Information Get tax and legal details applicable to 519 2 Avenue W
  • Tax Lot: 10-15
  • Tax Year: 2025
  • Tax Block: 56
  • Parcel Number: 0018967612
  • Tax Annual Amount: 18035
  • Zoning Description: CT
Additional Features Explore extra features and benefits
  • List A O R: Calgary
  • List A O R Key: 9

Nearby Listings Stat Estimated price and comparable properties near 519 2 Avenue W

Active listings
9
Min Price
$23,070
Max Price
$2,080,000
Avg Price
$357,074
Days on Market
151 days
Sold listings
1
Min Sold Price
$223,000
Max Sold Price
$223,000
Avg Sold Price
$223,000
Days until Sold
91 days

Nearby Places Nearby schools and amenities around 519 2 Avenue W

J. C. Charyk Hanna School (0.7 km)
801 4th Street West, Hanna

Starland Colony School (0.7 km)
302 Ctr St, Hanna

Jerrys Burger Baron (0.9 km)
Hwy 9, Hanna

Fox Lake Agro Services (1.6 km)
407 4 Ave E, Hanna

Fas Gas Hanna (1.3 km)
332 2 Ave E, Hanna

Price History

October 17, 2025
by Grand Realty
$2,080,000
519 2 Avenue W
More Details?
  • Jay Choi
  • Grand Realty
  • 604-790-1035

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Comparison of 519 2 Avenue W, Hanna, AB with Nearby Commercial Listings
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Sydney 63 $356,357
St Johns 202 $595,434
Paradise 115 $545,724
Conception Bay South 89 $450,397
Glace Bay 54 $222,417
Riverview 89 $483,681
Popular Cities Listings Avg. price
Moncton 401 $548,717
Ottawa 2425 $831,678
Fort Erie 319 $784,235
Niagara Falls 430 $900,067
Oshawa 356 $821,351
Kawartha Lakes 465 $865,405