504506 Main Street, Manning - Business for Sale
504506 Main Street, Manning, Alberta, T0H2M0
This business in Manning is for sale. It has been on the market 61 days, fresher than the Manning average of 437 days.
Description
An exceptional opportunity to acquire a diversified hospitality business with multiple income streams and strong upside potential—without the investment typically required for a large hotel operation. Located in Manning, Northern Alberta, this property combines a 25-room motel and a 23-room hotel, along with owner/manager living quarters featuring 2 bedrooms, a kitchen and living room.Multiple revenue sources include monthly room rentals, a liquor store, a licensed bar with 6 VLTs, and seasonal karaoke nights. The karaoke operation generates approximately $50,000 in additional annual revenue during the winter season. Several rooms are also rented monthly, providing stable recurring income, while a vacant restaurant space offers an opportunity to create an additional revenue stream through leasing or reopening the restaurant.An ideal opportunity for an owner-operator or investor seeking multiple sources of income, manageable operating costs, and significant potential to increase revenue through hands-on management and further development of the existing business. (id:66096)
Property Details
- MLS®
- A2342680
- Property Type
- Business
- Zoning
- C-1
- Building Area
- 57,609 ft²
- Year Built
- 1947
- Property Tax
- $5,500/yr
- Listed
- 61 days ago
Market Timing
Long Listed: 61 days on market, against an average age of 437 days across the listings currently for sale in this city
This business in Manning has been listed for 61 days, which is 376 days fresher than the city average of 437. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
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$999,000
Manning