Derrick Motel 3925 Gateway Blvd NW 38 Room Hotel Edmonton, AB T6J 4H2 For Sale

This offering presents investors with the opportunity to acquire the Economy Inn, a well-positioned hospitality asset located along Gateway Boulevard NW, one of Edmonton’s major transportation arteries. Occupying approximately 0.6 acres with Business Commercial (CB) zoning, the property benefits from strong visibility and accessibility, making it a favorable destination for travelers and extended-stay guests.
The property features a diversified revenue base with 38 rentable units, including double and single queen rooms, a queen suite, and a two-bedroom manager’s suite. An established rental program drives predictable cash flow, supported by ancillary income streams such as five leasable storage garages and a fully leased restaurant (Gurkha Restaurant) contributing additional steady rent. This integrated revenue ecosystem minimizes vacancy risk and operational volatility.
Positioned near Whitemud Drive and with direct exposure to Highway 2, the property offers strategic connectivity to Edmonton’s key employment centers, retail hubs, and surrounding regional routes. With opportunities for value-add initiatives such as leasing additional office or retail space, the property offers solid income potential for investors seeking hospitality assets with upside.