780-485-1933
4009 Gateway Blvd NW, Edmonton, AB for Sale
Hospitality - FOR SALE
1/8
null | Request Cap Rate

4009 Gateway Blvd NW
Edmonton, AB T6J 5H2
South


HIGHLIGHTS

  • High-Traffic Visibility
  • Workforce Ready
  • Proven Occupancy

OVERVIEW

This offering presents investors with the opportunity to acquire the Economy Inn, a well-positioned hospitality asset located along Gateway Boulevard NW, one of Edmonton’s major transportation arteries. Occupying approximately 0.6 acres with Business Commercial (CB) zoning, the property benefits from strong visibility and accessibility, making it a favorable destination for travelers and extended-stay guests. The property features a diversified revenue base with 38 rentable units, including double and single queen rooms, a queen suite, and a two-bedroom manager’s suite. An established rental program drives predictable cash flow, supported by ancillary income streams such as five leasable storage garages and a fully leased restaurant (Gurkha Restaurant) contributing additional steady rent. This integrated revenue ecosystem minimizes vacancy risk and operational volatility. Positioned near Whitemud Drive and with direct exposure to Highway 2, the property offers strategic connectivity to Edmonton’s key employment centers, retail hubs, and surrounding regional routes. With opportunities for value-add initiatives such as leasing additional office or retail space, the property offers solid income potential for investors seeking hospitality assets with upside.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

37

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Economy Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1982

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

CHY

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Seerath PalakJosan Properties LtdMore Info
780-485-1933

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Seerath PalakJosan Properties LtdMore Info
780-485-1933

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.