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4814 56 St, Wetaskiwin, Alberta, T9A 1V8

MLS® # 44843316
new listing
Commercial For Sale In Wetaskiwin, Alberta
$4,749,000

None Beds

4814 56 St, Wetaskiwin, AB
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MULTIMEDIA

4814 56 St, Wetaskiwin, Alberta, T9A 1V8
$4,749,000

Property Information:

RECEIVERSHIP SALE. Rare opportunity to acquire the approximately 23,299 SF± Travelodge by Wyndham Wetaskiwin, featuring 29 hotel rooms, multiple retail units, and diverse income streams from established tenants including Welcome Dental, Amplifon, and Caffe 56. Situated on 1.81 AC± with approximately 64 parking stalls along Wetaskiwin’s main corridor, the property offers immediate cash flow and significant upside through brand repositioning, lease-up of two vacant retail units, or continued operation under the current flag. (id:27)

Building Features:

  • Floor Space: 11781 sqft

Property Features:

  • Property Type: Hospitality
  • Floor Space (approx): 11781 Square Feet
  • Irregular: Yes
  • Lot Size: 78843.60 Square Feet

Courtesy of: NAI Commercial Real Estate Inc

REALTOR.ca  

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Market Price Trends

Single family detached

-7.05%

Price change (1 year)

8.02%

Price change (5 years)

All Properties

-6.95%

Price change (1 year)

8.19%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 4814 56 St, Wetaskiwin, Alberta, T9A 1V8

Demographic Information of 4814 56 St, Wetaskiwin, Alberta, T9A 1V8

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$100,815.46

Average Number of Children

1.90

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.93 %

High school certificate or equivalent

33.85 %

Apprenticeship trade certificate/diploma

10.2 %

College/non-university certificate

22.07 %

University Degree

8.96 %

Commuter

Travel To Work

By Car

90.8 %

By Public Transit

0.0 %

By Walking

6.58 %

By Bicycle

0.0 %

By Other Methods

2.62 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

8.5 %

Houses

91.5 %

Own Vs. Rent

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