2216 20 Street, Red Deer County, Alberta T0M0V0

$699,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$699,000
Status
PENDING
MLS® #
A2313915
Days on Market
73
Year Built
1975
Area
Delburne

Property Description

The Delburne Hotel presents an outstanding investment opportunity, combining historic significance with stable diversified income streams and considerable potential for continued growth. Constructed with enduring quality and attention to architectural detail, the Delburne Hotel stands as a landmark within the community. The property includes six well-appointed guest rooms, providing comfortable accommodations for both corporate and leisure travelers. Its established reputation ensures consistent occupancy and positive referrals. Complementing the hospitality operations, the property features multiple commercial components, including a leased restaurant, a popular pub, and a liquor store. The Delburne Hotel provides significant potential for value appreciation and operational expansion. New roof in January.

Additional Information

Acres
0.37

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Royal LePage Network Realty Corp..

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: .