Midtown Motor Inn 5207

Midtown Motor Inn 5207

Court Ordered Sale Midtown Motor Inn LANDMARK SITE WITH PRIME EXPOSURE TO 50 AVENUE (HWY28) 5207 - 50 Avenue Bonnyville, Alberta Property Highlights • Two Storey 28,290 sq.ft.± on 1.07 acre± site • Includes 55 guest rooms, a restaurant plus related hotel amenities • Corner site with 364.7’ of prime exposure to 50 Ave (HWY28) and 133.5’ on 53 Street • Paved surface parking lot on site • Value Play investment opportunity Vince Caputo 780 436 7624 [email protected] THE INFORMATION CONTAINED HEREIN IS BELIEVED TO BE CORRECT, BUT IS NOT WARRANTED TO BE SO AND DOES NOT FORM 4601 99 Street NW A PART OF ANY FUTURE CONTRACT. THIS OFFERING IS SUBJECT TO CHANGE OR WITHDRAWAL WITHOUT NOTICE. Edmonton, AB T6E 4Y1 Vince Caputo 780 436 7410 780 436 7624 • [email protected] Bonnyville Accommodation Demand Generators The Bonnyville market has a relatively diverse set of economic inputs, which 5207 - 50 Avenue provides a diverse set of Bonnyville, Alberta demand for hotels within the community. Property Information LEGAL DESCRIPTION Plan 4777HW, Block 10, Lots 4-10 E Energy Exploration & PROPERTY SIZE 28,290 sq.ft.± Extractor Demand. The SITE SIZE 1.07 acres± Bonnyville area is home to one of the largest oil sands FLOORS 2 Floors deposits in the world. SUITE INVENTORY 55 guest rooms, includes 28 single rooms • One (1) king bed and a sofa bed Agricultural Demand. • 27 double rooms (two (2) queen beds) Bonnyville is a major service centre for the numerous CONSTRUCTION Concrete Block agricultural uses in Northeast YEAR BUILT 1980 Alberta. ZONING C2 (Fringe Commercial District) Highway Demand. Highway SERVICES Municipal 28 is a busy highway that links Northern Saskatchewan to RESTAURANT LEASE Expires July, 2021 Northern and Central Alberta. PROPERTY TAXES $82,603.17 (2020) Public Services. Bonnyville SALE PRICE $830,000 has a significant amount of government and institutional uses. Vince Caputo 780 436 7624 • [email protected] [ ] VC21 NAI COMMERCIAL REAL ESTATE INC. | 4601 99 Street NW Edmonton, AB T6E 4Y1 | 780 436 7410 | naiedmonton.com .

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