AB > Lethbridge > Lethbridge College
Lethbridge, AB T1K 2R1,1303 Mayor Magrath DR S
Lethbridge, AB T1K 2R1,1303 Mayor Magrath DR S
Lethbridge, AB T1K 2R1,1303 Mayor Magrath DR S
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Ken Rigel

Ken Rigel

Ken Rigel Group

+1(403) 207-1748
$7,850,000
Est. payment /mo
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UPDATED:

01/16/2025 07:05 PM

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Subdivision Lethbridge College

MLS® Listing ID A2165361

Originating Board Calgary

Year Built 1974

Annual Tax Amount $60,250

Tax Year 2023

Property Sub-Type Hotel/Motel

Property Description

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 87 rooms—67 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.

Location

Province AB

County Lethbridge

Zoning C-H

Interior

Inclusions Hotel Furnitures And True Swing Indoor Golf Equipment

Others

Restrictions None Known

Tax ID 91510103

Ownership Private

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Listed by Grand Realty
agent

Ken Rigel

Team Lead

+1(403) 207-1748

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