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780 8 St SW
Medicine Hat, AB T1A 4M6

TC Motel · Hospitality Property For Sale · 16,568 SF

INVESTMENT HIGHLIGHTS

  • 3 businesses (portfolio sale) with real estate included
  • Close proximity to restaurants, gas stations, hospitals and shopping centres
  • Located along Highway 1

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.81 AC
Building Size 16,568 SF
No. Stories 2
Year Built/Renovated 1974/2023
Parking Ratio 1.57/1,000 SF
Corridor Exterior

AMENITIES

  • On-Site Retail
  • High Speed Internet Access
  • Public Access Wifi
  • Fully-Equipped Kitchen

ABOUT 780 8 ST SW , MEDICINE HAT, AB T1A 4M6

Rare opportunity to acquire 3 businesses (portfolio sale of Motel, Liquor Store & Restaurant) with real estate included! Price includes land, building, business and equipment. Inventory of Liquor Store not included. All businesses and inclusions of the sale are sold together (portfolio sale). Situated 5 minutes away from Medicine Hat Regional Airport, 2 hours west of Swift Current and 3 hours east of Calgary. Located along Highway 1 with dedicated entry and exit. Close proximity to restaurants, gas stations, hospitals and shopping centres and right across from a well known hotel, Econolodge inn and suites. Hotel across the street (Econolodge inn and suites) is also available for sale. Motel : Currently operating as TC Motel. Used for long term tenants. 16 rooms with kitchenettes and 3 without it. Recently renovated. Liquor Store: Currently operating as Bob's Liquor Store. 1,889 SqFt with 1,000 SqFt storage. Inventory is $450,000 approximately. One of the busiest liquor stores in the city. ** Inventory not included in the listed price** Restaurant: Stand alone restaurant building can be leased out to increase income. Previously charged $3,600 per month for a Triple Net Lease (NNN). Recently renovated in 2021. With full commercial kitchen with one walk-in cooler and freezer and 70+ occupancy. Former Italian restaurant. Now vacant to set up any kind of restaurant. With two designated handicapped washroom.

ZONING

Zoning Code C-H (Highway Commercial)
C-H (Highway Commercial)
  • Listing ID: 32325431

  • Date on Market: 7/2/2024

  • Last Updated:

  • Address: 780 8 St SW, Medicine Hat, AB T1A 4M6

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