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Listed by Michael C Parsons • NAI Commercial Real Estate Inc
$ 4,450,000
$ 4,450,000
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 44843316
Property Description
RECEIVERSHIP SALE. Rare opportunity to acquire the Travelodge by Wyndham in Wetaskiwin, a 23,299 SF income-producing property featuring a 29-room hotel, six retail units, and approximately 0.91 acres of excess developable land. Located on Highway 2A and one of only three hotels in the market, the asset offers diversified revenue from established tenants, vacant value-add retail space, and significant upside through hotel rebranding, operational improvements, or future development.
Location
Province AB
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Jason Beattie is an Edmonton REALTOR® with more than 25 years of experience helping homeowners, buyers and investors make confident real estate decisions. Known for advanced property marketing, strong negotiation and a problem-solving approach, Jason serves Edmonton and surrounding communities with a particular focus on East Edmonton.