1303 Mayor Magrath Drive S, Lethbridge, Alberta

$7,850,000

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About 1303 Mayor Magrath Drive S

Sale of Property and Business together. Presenting a prime investment opportunity in the heart of Lethbridge, this property includes both the Ramada Inn by Wyndham and the Chinook Motel, offering a combined total of 86 rooms—66 in the Ramada and 20 in the Chinook. Centrally located, this property benefits from excellent visibility and accessibility, making it a popular choice for both leisure and business travelers. Additionally, the site features the True Swing Indoor Golf, a unique amenity that enhances the guest experience. With strong revenues and a well-established presence in the market, this property is an exceptional opportunity for investors seeking a high-performing hospitality business.

Features of 1303 Mayor Magrath Drive S

MLS® # A2165361
Price $7,850,000
Bathrooms 0.00
Acres 0.00
Year Built 1974
Type Commercial
Sub-Type Hotel/Motel
Status Active

Community Information

Address 1303 Mayor Magrath Drive S
Subdivision Lethbridge College
City Lethbridge
County Lethbridge
Province Alberta
Postal Code T1K 2R1

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed September 12th, 2024
Days on Market 24
Zoning C-H
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeGrand Realty

Listing Map