Three story limit service 89 room wood frame hotel that used to be NOVA Hotel and converted as Big Lake Inn from 2012 . .
Slave Lake has the third largest population base of any Alberta municipality north of Edmonton. Its economy has been driven throughout the past three decades by the Oil& Gas and Forest industries.
In a continuing effort to diversify the economy, Slave Lake is encouraging increases in the tourism, manufacturing, and value-added sectors. In addition, Slave Lake is further evolving into an even greater regional service centre, with additional retail, education, health, financial, government, and transportation services. Enterprising men and women recognize the almost unlimited potential for growth and spin-off business in the primary industries of petroleum and forestry, along with burgeoning activity in tourism.
REVENUE(Yearend December 31 ) 2022 : $1,975,869, 2023 : $2,856,40, 2024 till September: $2,040,349
NET OPERATING INCOME 2022: $931,975, 2023: $1,641,247
Address
112 12 Avenue SW
List Price
$9,500,000
Property Type
Commercial
Type of Dwelling
Hotel/Motel
Area
Slave Lake
Sub-Area
Other
Lot Size
105415 Sq. Ft.
Year Built
2008
MLS® Number
A2172972
Listing Brokerage
MaxWell Canyon Creek
Postal Code
T0G 2A0
Zoning
C 1 Central Commercial Di