7
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$7,850,000
Est. payment /mo
Active
1303 Mayor Magrath DR S Lethbridge, AB T1K 2R1
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Caroline Bereznicki
Redline Real Estate, Real Broker
caroline@carolinebereznicki.com +1(587) 437-7573UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Subdivision Lethbridge College
MLS® Listing ID A2165361
Originating Board Calgary
Year Built 1974
Annual Tax Amount $60,250
Tax Year 2023
Property Sub-Type Hotel/Motel
Property Description
Sale of Property and Business together. Presenting a prime investment opportunity in the heart of Lethbridge, this property includes both the Ramada Inn by Wyndham and the Chinook Motel, offering a combined total of 87 rooms—67 in the Ramada and 20 in the Chinook. Centrally located, this property benefits from excellent visibility and accessibility, making it a popular choice for both leisure and business travelers. Additionally, the site features the True Swing Indoor Golf, a unique amenity that enhances the guest experience. With strong revenues and a well-established presence in the market, this property is an exceptional opportunity for investors seeking a high-performing hospitality business.
Location
Province AB
County Lethbridge
Zoning C-H
Interior
Inclusions Hotel Furnitures And True Swing Indoor Golf Equipment
Others
Restrictions None Known
Tax ID 91510103
Ownership Private
Listed by Grand Realty