Three story limit service 89 room wood frame hotel that used to be NOVA Hotel and converted as Big Lake Inn from 2012 . . Slave Lake has the third largest population base of any Alberta municipality north of Edmonton. Its economy has been driven throughout the past three decades by the Oil& Gas and Forest industries. In a continuing effort to diversify the economy, Slave Lake is encouraging increases in the tourism, manufacturing, and value-added sectors. In addition, Slave Lake is further evolving into an even greater regional service centre, with additional retail, education, health, financial, government, and transportation services. Enterprising men and women recognize the almost unlimited potential for growth and spin-off business in the primary industries of petroleum and forestry, along with burgeoning activity in tourism. REVENUE(Yearend December 31 ) 2022 : $1,975,869, 2023 : $2,856,40, 2024 till September: $2,040,349 NET OPERATING INCOME 2022: $931,975, 2023: $1,641,247 (id:47421)
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Detailed Information
Listing Contract Date
2024-10-17
Municipal ID
0011392834
Plan
8722073
Property Type
Business
Transaction Type
For sale
Zoning Description
C 1 Central Commercial District
Business
Business Type
Accommodation
Business Subtype
Hotel/motel
Building
Constructed Date
2008
Size (Exterior)
42500 square feet
Total Finished Area
42500 sqft
Land
Total Size
2.42 acres
Acreage
Yes
Size of Irregular Land
2.42
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