Primary photo of 5507 50TH Street, Viking
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Business For Sale

$749,900

MLS® Number: A2310955

Floor Area

11,000

Year Built

1969

5507 50TH Street, Viking, Alberta

About This Property

RARE OPPORTUNITY TO OWN THE HIGHLY PROFITABLE 22-ROOM VIKING LAMPLIGHTER MOTEL STRATEGICALLY LOCATED AT 5507 50 STREET! THIS TURNKEY BUSINESS IS A POWERHOUSE FOR AN OWNER-OPERATOR, FEATURING 6 KITCHENETTES AND 13 DOUBLE ROOMS PERFECTLY EQUIPPED FOR STEADY INCOME FROM SHORT-TERM TRAVELERS AND LONG-TERM CONTRACT WORKERS. THE SALE INCLUDES AN UNMATCHED OWNER’S LIFESTYLE FEATURING A FULLY RENOVATED 1,350 SQ. FT. BUNGALOW WITH A FINISHED BASEMENT , A PREMIUM LIVING STANDARD RARELY FOUND IN THE INDUSTRY. BOASTING A 36% REVENUE INCREASE YEAR-OVER-YEAR FROM 2024 TO 2025, THIS BUSINESS SHOWS A CONSISTENT UPWARD TRAJECTORY. POSITIONED DIRECTLY ACROSS FROM THE HIGH SCHOOL NEAR ESSENTIAL SERVICES, THE SITE OFFERS EXCELLENT VISIBILITY AND LONG-TERM LAND VALUE. WELL-MAINTAINED WITH A LOYAL CLIENTELE AND PROVEN SALES HISTORY, VTB FINANCING OPTIONS MAY BE AVAILABLE FOR QUALIFIED BUYERS. INVEST IN THIS HIGH-YIELD ASSET IN A GROWING COMMUNITY TODAY!

Property Details

Interior Details

Living Area

11000 sqft

Building & Exterior

Building Area Total

11000.0

Building Area Units

square feet

Year Built

1969

Land & Location

City Region

Viking

Parcel Number

T778695609

Postal Code

T0B4N0

Subdivision Name

Viking

Listing & Financials

Listing Office

RE/MAX Real Estate (Mountain View)

Originating System Name

Calgary Real Estate Board

Other Specifications

Country

Canada

Mortgage Calculator

20% ($149,980)
5.5%
25 Years

Estimated Monthly Payment

$3,684

Principal and interest only. Actual rates may vary.

Location & Map

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