5604 4 Avenue, Edson

Living area: 7301 square feet
Type: Commercial
Added: 1 month ago
Updated: 1 month ago
Last Checked: 2 hours ago
Listed by: Easy List Realty
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Listing description
This Commercial listing at 5604 4 Avenue Edson, AB with the MLS Number a2241763 listed by Darya Pfund - Easy List Realty on the Edson market 1 month ago at $950,000.

For more information, please click the "More Information" button. Opportunity Awaits: Cash-Flowing Motel in Edson, Alberta. Presenting the Castle Motel Edson, a well-established, high-performing hospitality property now available for purchase. Located directly on Highway 16, a major route to Jasper National Park, this 16-room motel offers unbeatable visibility, excellent curb appeal, and consistent revenue. The motel features a variety of accommodation options including standard rooms, studio kitchenettes, and one-bedroom kitchenette suites, with half of the inventory comprising full kitchen units — ideal for extended-stay guests. Its strategic location places it kitty-corner to Walmart, surrounded by popular eateries, and directly across from the site of the upcoming Mikes restaurant franchise, further boosting visibility and guest traffic. Consistently popular with long-term guests, the Castle Motel offers ease of operations with minimal staffing needs, strong margins, and a reliable on-site manager available to continue operations if required. Recent upgrades have significantly enhanced the guest experience, leading to strong repeat business and glowing reviews. Currently operated remotely, the business generates $220,000 in annual revenue with an adjusted NOI of $95,000. A hands-on owner-operator living in the onsite 3-bedroom manager’s suite could easily achieve $140,000+ through operational cost savings. Now ranked 4+ stars online, and 5th out of 16 properties amongst all online reviews, Castle Motel stands out for quality, comfort, and return on investment. Looking ahead, Edson is poised for growth. Two major projects — the Edson Leisure Centre (now underway) and the ATCO Yellowhead Pipeline project (starting in early 2026) — are expected to significantly increase demand for local accommodations, providing strong upside potential for occupancy and revenue growth. Additional upside: There is room to possibly add a 17th guest suite, with existing plumbing and washroom infrastructure already in place. Completion cost is estimated $10,000. This is a turnkey, cash-flowing business with flexible management options. It currently requires just 6–8 hours of work per day, making it a fantastic investment for either remote operators or owner-occupiers. Full operational training will be provided by the current owner to ensure a smooth transition. Offered “as is” and priced to sell quickly, the Castle Motel represents a rare opportunity to acquire a profitable, easy-to-run hospitality asset. The seller is motivated only by a move to a larger property acquisition. Note: Proof of funds is required. Traditional financing options for motels in Alberta is limited. Please do not approach staff regarding the sale. Serious inquiries only. (id:1945)

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Nearby Listings Stat Estimated price and comparable properties near 5604 4 Avenue

Active listings

190

Min Price

$9,600

Max Price

$3,400,000

Avg Price

$374,427

Days on Market

197 days

Sold listings

Min Sold Price

$37,500

Max Sold Price

$890,000

Avg Sold Price

$266,291

Days until Sold

161 days

Nearby Places Nearby schools and amenities around 5604 4 Avenue

Vanier Community Catholic School (0.2 km)
831 56 St, Edson

Grande Yellowhead Public School Division No 77 (0.4 km)
5312 5 Ave, Edson

Evergreen School (0.5 km)
5312 5 Ave, Edson

Jerry Ford Sales Ltd. (0 km)
5625 4 Ave, Edson

DAIRY QUEEN BRAZIER (0.7 km)
5305 2 Ave, Edson

Castle Restaurant (0.1 km)
5630 4 Ave, Edson

McDonald's (0.3 km)
5720 2 Ave, Edson

Golden Honey Restaurant (0.7 km)
300 52 St, Edson

Galloway Lounge The (0.7 km)
300 52 St, Edson

Mountain Pizza & Steakhouse Ltd (0.9 km)
5102 4 Ave, Edson

Comfort Inn (0.1 km)
5517 4 Ave, Edson

Econo Lodge (0.3 km)
5601 2 Ave, Edson

Super 8 Edson (0.7 km)
5220 2 Ave, Edson

Best Western High Road Inn (0.7 km)
300 52 St, Edson

Lakeview Inn & Suites (0.9 km)
528 63 St, Edson

Walmart - Edson (0.2 km)
5750 2nd Avenue, Edson

Zorba's Pizza & Pub (0.3 km)
5625 2 Ave, Edson

IGA (0.4 km)
303 54 St, Edson

Shoppers Drug Mart (0.5 km)
302 53Rd Street, Edson

Canadian Combat Club (0.7 km)
5202 2 Ave, Edson

Edson Karate (0.7 km)
5202 2 Ave, Edson

Mojo's Java (0.7 km)
5202 2 Ave, Edson

Price History

Listed

July 21, 2025

by Easy List Realty

Commercial For Sale

$950,000

5604 4 Avenue, Edson

Listing description This Commercial listing at 5604 4 Avenue Edson, AB with the MLS Number a2241763 listed by Darya Pfund - Easy List Realty on the Edson market 1 month ago at $950,000.

Nearby Listings Stat Estimated price and comparable properties near 5604 4 Avenue

Nearby Places Nearby schools and amenities around 5604 4 Avenue

Price History

Similar Commercial Listings For Sale

Listing description
This Commercial listing at 5604 4 Avenue Edson, AB with the MLS Number a2241763 listed by Darya Pfund - Easy List Realty on the Edson market 1 month ago at $950,000.