Active

773, 776 and 780 8 Street SW

Medicine Hat Alberta, T1A 4M5

$4,600,000


Active

Commercial

Built in 1964

Extremely rare opportunity to acquire 4 businesses (portfolio sale of Hotel, Motel, Liquor Store & Restaurant) with real estate included! Price includes land, building, business and equipment. Inventory of Liquor Store not included.. Situated 5 minutes away from Medicine Hat Regional Airport, 2 hours west of Swift Current and 3 hours east of Calgary. Located along Highway 1 with dedicated entry and exit. Close proximity to restaurants, gas stations, hospitals and shopping centres.
Hotel: Hotel is currently operating as one of the choice hotels, Econo Lodge Inn & Suites. With excellent accessibility to Highway 1. Amenities include swimming pool, sauna, dedicated barbeque area. Single (34), Double bed (7), Double bed Kitchenette (15). Pet friendly and with free breakfast. With ample onsite parking available.
Motel : Currently operating as TC Motel. Used for long term tenants. 15 rooms with kitchenettes and 3 without it. Recently renovated.
Liquor Store: Currently operating as Bob's Liquor Store. 1,889 SqFt with 1,000 SqFt storage. Inventory is $450,000 approximately. One of the busiest liquor stores in the city.
Restaurant: Stand alone restaurant building can be leased out to increase income. Previously charged $3,600 per month for a Triple Net Lease (NNN). Recently renovated in 2021. With full commercial kitchen with one walk-in cooler and freezer and 70+ occupancy. Former Italian restaurant. Now vacant to set up any kind of restaurant. With two designated handicapped washroom. **Econolodge inn and suites can be sold separately (MLS A2144903) and Bob's liquor, Tc motel and restaurant can be sold as a separate portfolio (MLS A2144925)**

A2134842

MLS ID

May 24, 2024

Listed

February 21, 2025

Updated

Other Property Details

Days on Market

129


Garage

No


View

No


County

Medicine Hat


Pool

No


Zoning

C-H

Courtesy of RE/MAX Complete Realty, Darin Vaza

Listing Contact: 403-660-8719 

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Data last updated 3:29 PM UTC, 2/21/2025

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