56 St, Wetaskiwin, AB T9A 1V8

Courtesy of Michael C Parsons of NAI Commercial Real Estate Inc.

$4,450,000

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List Price
$4,450,000
MLS® #
44843316
Region
Wetaskiwin

Property Description

RECEIVERSHIP SALE. Rare opportunity to acquire the Travelodge by Wyndham in Wetaskiwin, a 23,299 SF income-producing property featuring a 29-room hotel, six retail units, and approximately 0.91 acres of excess developable land. Located on Highway 2A and one of only three hotels in the market, the asset offers diversified revenue from established tenants, vacant value-add retail space, and significant upside through hotel rebranding, operational improvements, or future development.

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