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For Sale
$1,950,000
MLS® A2306774
MLS® A2306774
Address on request
- Interior
- 36,000 sqft
- Property type
- Business
- Building
- Business
- Year built
- 1967
- Business type
- Accommodation
Property facts
- Interior
- 36,000 sqft
- Property type
- Business
- Building
- Business
- Transaction
- For Sale
- Year built
- 1967
- Business type
- Accommodation
About this property
Positioned in the heart of Alberta’s thriving Peace Country, this well-established 61-room full-service hotel offers an exceptional investment opportunity in one of Northern Alberta’s key service and resource-based communities. Strategically located directly on busy Highway 43, part of the CANAMEX trade corridor connecting Edmonton, Grande Prairie, British Columbia, and Alaska, the property benefits from outstanding year-round visibility, easy access, and consistent commercial traffic. Features include 56 guest rooms, 5 suites, lounge with VLTs, ample on-site parking, and approximately 2.45 acres of Highway Commercial land. The on-site restaurant is fully leased, providing additional rental income. Major capital improvements completed in 2015 include electrical upgrades, packaged air-conditioning units, partial room renovations, and exterior improvements. Valleyview serves as a major regional hub supporting oil & gas, forestry, agriculture, tourism, and transportation sectors, making this an excellent opportunity to acquire an established hospitality asset in Alberta’s Peace Country. (id:53361)