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112 12 Avenue Sw Slave Lake, Alberta T0G 2A0

42500 sqft
Acreage

$9,500,000

Three story limit service 89 room wood frame hotel that used to be NOVA Hotel and converted as Big Lake Inn from 2012 . . Slave Lake has the third largest population base of any Alberta municipality north of Edmonton. Its economy has been driven throughout the past three decades by the Oil& Gas and Forest industries. In a continuing effort to diversify the economy, Slave Lake is encouraging increases in the tourism, manufacturing, and value-added sectors. In addition, Slave Lake is further evolving into an even greater regional service centre, with additional retail, education, health, financial, government, and transportation services. Enterprising men and women recognize the almost unlimited potential for growth and spin-off business in the primary industries of petroleum and forestry, along with burgeoning activity in tourism. REVENUE(Yearend December 31 ) 2022 : $1,975,869, 2023 : $2,856,40, 2024 till September: $2,040,349 NET OPERATING INCOME 2022: $931,975, 2023: $1,641,247 (id:51438)

Business

BusinessType Accommodation
BusinessSubType Hotel/motel

Property Details

MLS® Number A2172972
Property Type Business
Plan 8722073

Building

ConstructedDate 2008
SizeExterior 42500 Sqft
SizeInterior 42500 Sqft
TotalFinishedArea 42500 Sqft

Land

Acreage Yes
SizeIrregular 2.42
SizeTotal 2.42 Ac|2 - 4.99 Acres
SizeTotalText 2.42 Ac|2 - 4.99 Acres
ZoningDescription C 1 Central Commercial District

https://www.realtor.ca/real-estate/27551556/112-12-avenue-sw-slave-lake

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