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$ 10,395,000
Est. payment /mo
New
1201 Bow Valley TRL Canmore, AB T1W 1P5
10,946 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 10,946 sqft
Price per Sqft $949
Subdivision Bow Valley Trail
MLS Listing ID A2350925
Year Built 1993
Property Sub-Type Hotel/Motel
Property Description
Established 14-room boutique inn on approx 15,771 sq ft of commercial land in the Bow Valley Trail Central Commercial District (BVT-C). Turnkey operation with experienced management in place,suited to hands-off ownership or an owner-operator model. Substantial recent capital investment in guest areas,wellness amenities and dedicated event space,plus infrastructure upgrades (boiler/heating,electrical,fire protection). The event space creates standalone revenue and drives midweek and shoulder-season room demand. Demonstrated peak-season demand with unused inventory in shoulder season,winter and midweek. 14 dedicated parking stalls plus additional on-site capacity. Development optionality: a 2026 test fit identified approx 23,650 sq ft of allowable FAR and a conceptual 34-room boutique hotel (preliminary,subject to approvals). Financials,occupancy/ADR and NOI available to qualified purchasers under confidentiality
Location
Province AB
County 0382
Zoning BVT-C
Interior
Fireplace No
Exterior
Garage No
Building
Dwelling Type Hotel/Motel
Others
Restrictions Call Lister
Listed by RE/MAX Alpine Realty