T0J Hospitality Properties for Sale

T0J Hospitality Property for Sale

More details for 519 2 Av, Hanna, AB - Hospitality for Sale

West View Motel - 519 2 Av

Hanna, AB T0J 1P0

Hospitality for Sale
$2,080,000 CAD
17,985 SF

Hanna Hospitality for Sale

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. Please contact JAY CHOI at 1-604-790-1035 or choijaedong@gmail.com

Contact:

Sutton Group - 1st West Realty

Property Subtype:

Hotel

Date on Market:

2025-10-14

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More details for 101 Grove Pl, Drumheller, AB - Hospitality for Sale

Travelodge by Wyndham Drumheller - 101 Grove Pl

Drumheller, AB T0J 0Y0

Hospitality for Sale
$3,590,000 CAD
18,367 SF

Drumheller Hospitality for Sale

Where is Drumheller? Drumheller is a unique and world-famous tourist destination located in the heart of Alberta’s Badlands, just 90 minutes northeast of Calgary. It attracts hundreds of thousands of visitors each year with its stunning landscapes, rich fossil history, and the world-renowned Royal Tyrrell Museum — Canada’s leading dinosaur museum. This vibrant town offers strong tourism-driven business potential and year-round activity, making it an ideal location for a hospitality investment. Beyond Tourism: What Drives Drumheller’s Economy? While Drumheller is best known for its tourism industry, the local economy is also supported by other key sectors including agriculture, oil and gas, and transportation. The region benefits from its location within Alberta’s energy corridor and its surrounding farmland, which contribute to stable year-round economic activity. These diverse industries provide consistent demand for accommodation, making motels in the area attractive investment opportunities. ABOUT the Travelodge by Wyndham Drumheller 1. Prime Tourist Location Located in the heart of Drumheller, one of Alberta’s top tourist destinations, just 90 minutes from Calgary. Home to the world-famous Royal Tyrrell Museum and the World’s Largest Dinosaur, the town attracts over 530,000 visitors annually. ? Consistent demand from both seasonal tourists and year-round travelers. 2. Strong Sale This property boasts a solid income stream. ? Attractive return for investors seeking cash flow. 3. Recently Renovated (2022) Fully renovated during the COVID-19 pandemic. The property is in turnkey condition, minimizing the need for further capital improvements. ? Move-in ready for immediate operation. 4. Ideal for Investors or Owner-Operators The size, performance, and location make this an excellent opportunity for either hands-off investors or owner-operators looking for a manageable and profitable hospitality asset. ? Flexible ownership potential in a thriving market. Courtesy of MaxWell Realty

Contact:

Sutton Group - 1st West Realty

Property Subtype:

Hotel

Date on Market:

2024-11-19

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Hospitality Properties for Sale in T0J

View All Available Listings

How many hospitality properties are available for sale in T0J?

There are currently 2 hospitality properties available for sale in T0J, offering a unique opportunity for businesses to establish a presence.

How big are the hospitality properties available for sale in T0J?

The average size of hospitality properties available for sale in Calgary is about 18,176 SF. The largest hospitality properties available to buy is 18,367 SF and the smallest is 17,985 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for hospitality properties in T0J?

The average market cap rate for hospitality properties for sale is about 12.68% based on data provided in T0J. Learn more about how cap rates are calculated.

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