$999,000
( $17.34Per Sq Foot )
 $5,363 est/mo Sourced by Back At You

504 & 506 Main Street,Manning, AB T0H2M0

Manning, AB T0H2M0

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Description

An exceptional opportunity to acquire a diversified hospitality business with multiple income streams and strong upside potential-without the investment typically required for a large hotel operation. Located in Manning, Northern Alberta, this property combines a 25-room motel and a 23-room hotel, along with owner/manager living quarters featuring 2 bedrooms, a kitchen and living room.Multiple revenue sources include monthly room rentals, a liquor store, a licensed bar with 6 VLTs, and seasonal karaoke nights. The karaoke operation generates approximately $50,000 in additional annual revenue during the winter season. Several rooms are also rented monthly, providing stable recurring income, while a vacant restaurant space offers an opportunity to create an additional revenue stream through leasing or reopening the restaurant.An ideal opportunity for an owner-operator or investor seeking multiple sources of income, manageable operating costs, and significant potential to increase revenue through hands-on management and further development of the existing business. (id:13843)

Details

MLS #A2342680
Listing TypeFor Sale
StatusActive
Year1947
Days On Site38
Listing Provided ByFirst Place Realty | Gemma Lee

Features

SQ Feet57,609
ZoningC-1

Interior

Fireplace Yes / NoNo

Taxes

Tax Annual Amount5500
Tax Block12
Tax Lot1
Tax Year2025

Area Information

ProvinceAB
CityManning
Postal CodeT0H2M0
Listing VS Median (in T0H2M0)
Price:
$999,000
low | high
Med:
$354,250
100% of Average
sqft:
57,609
low | high
Med:
2,240
100% of Average
$ / sqft:
$17
low | high
Med:
$182
100% of Average
On site:
38
low | high
Med:
293
12.969283276451% of Average
Sourced by Back At You

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Learn More About This Property

Danilo Perisic

Danilo Perisic

Sutton Group - Quantum Realty Inc- Brokerage

Broker, Courtier (647) 470-0979daniloperisic@sutton.com
ProvinceAB
CityManning
Postal CodeT0H2M0
Listing VS Median (in T0H2M0)
Price:
$999,000
low | high
Med:
$354,250
100% of Average
sqft:
57,609
low | high
Med:
2,240
100% of Average
$ / sqft:
$17
low | high
Med:
$182
100% of Average
On site:
38
low | high
Med:
293
12.969283276451% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 10:57:52 PM PDT