4001 48 Avenue, Innisfail

  • Living area: 81463 square feet
  • Type: Commercial
  • Added: 3 months ago
  • Updated: 1 month ago
  • Last Checked: 1 day ago
  • Listed by: Royal LePage METRO
  • View All Photos

Listing description
This Commercial listing at 4001 48 Avenue Innisfail, AB with the MLS Number a2218980 listed by Sukh Brar - Royal LePage METRO on the Innisfail market 3 months ago at $1,995,000.

This property presents a compelling opportunity for investors or operators interested in the motel business in Innisfail. Conveniently located along Highway #2, it benefits from high visibility and consistent traffic flow, making it well-positioned to attract a steady stream of customers. Situated on 1.87 acres of commercial land, the site offers ample space not only for current operations but also for future expansion, such as adding amenities or developing additional facilities. The non-franchise model provides operational flexibility and independence—ideal for those seeking a family-run business with control over branding and management. The motel features 44 rooms, including 21 with kitchenettes, allowing for a mix of short-term and extended-stay guests, and includes a manager’s suite with a kitchenette and garage for convenient on-site living. Recent renovations—covering interior updates, roofs, boilers, and hot water tanks—suggest the property is well-maintained and may require minimal immediate capital investment. Known for its affordability and strong client base, particularly among long-term renters, the business offers stable revenue potential. Prospective buyers should perform thorough due diligence, including financial review and local zoning assessments, to fully evaluate the investment's viability and explore growth opportunities. (id:1945)
Exterior & Lot Features Learn about the exterior and lot specifics of 4001 48 Avenue
  • Lot Size Units: acres
  • Lot Size Dimensions: 1.87
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Nearby Listings Stat Estimated price and comparable properties near 4001 48 Avenue

Active listings
60
Min Price
$48,500
Max Price
$7,800,000
Avg Price
$772,569
Days on Market
120 days
Sold listings
22
Min Sold Price
$105,000
Max Sold Price
$668,800
Avg Sold Price
$293,334
Days until Sold
72 days

Nearby Places Nearby schools and amenities around 4001 48 Avenue

R & R Inn & Suites (1 km)
4612 42 Ave, Innisfail

Best Western Innisfail Inn (1.7 km)
5010 40 Ave, Innisfail

The Source (1.3 km)
4804 50 Street, Henday Centre , Unit 98, Innisfail

Tim Hortons (1.3 km)
4411 50 St, Innisfail

Boston Pizza (1.7 km)
5014 40th Ave, Innisfail

Discovery Wildlife Park (1.8 km)
5400 42 Ave, Innisfail

Price History

May 7, 2025
by Royal LePage METRO
$1,995,000
4001 48 Avenue
More Details?
Sukh Brar

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