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MLS® Real Estate Listings - Homes, Condos, Acreage properties, Commercial - 403-998-2735

601 12 Avenue, Wainwright

Motel/Hotel Property for Sale

601 12 Avenue, Wainwright, MLS® # A2315848
  • MLS®#: A2315848
  • Price: $1,390,000
  • Status: Active
  • Year Built: 1958
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Login or Create an Account to Access Days On Website Financial Information Legal Description Lot Zoning

Well-maintained 24-room motel located in Wainwright, offering stable cash flow and a semi-absentee ownership structure. The property generates approximately $341,000 in annual revenue with an estimated NOI of ~$139,000, providing an attractive return for investors. The motel features a strong mix of clientele including work crews, healthcare professionals, railway personnel, and general travelers, with approximately 50% of occupancy from long-term stays, ensuring consistent and predictable income. Fully renovated in 2016, the property is in turn-key condition with minimal immediate capital expenditure required. A new hot water tank was installed in 2025. The business is currently operated by an on-site manager couple, making it an ideal opportunity for investors seeking a passive or semi-passive income stream. The property includes a manager’s suite attached to the front office for efficient operations. Situated on a 1.5-acre site, the property offers additional upside potential for future expansion or redevelopment. Excellent opportunity to acquire a stable hospitality asset in a resilient regional market.

Contact Elke Babiuk About MLS® A2315848

Required Field

Elke Babiuk, 403-998-2735 at CIR Realty, #130, 703 64th Avenue SE, Calgary, Alberta, T2H 2C3

property information

  • Property Type: Motel/Hotel Property
  • MLS®#: A2315848
  • Year Built: 1958
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Community Information

  • Address: 601 12 Avenue
  • Neighbourhood: Wainwright
  • City: Wainwright
  • Postal Code: T9W 1B3
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interior

  • Included: The seller will provide an equipment list.
  • Fireplace Details: For Sale
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$1,390,000

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Listing Courtesy of
RE/MAX Complete Realty
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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