5004 42 Ave - Hospitality FOR SALE


Innisfail, AB T4G 1Z1
$2,900,000 CAD
306-221-1322
5004 42 Ave, Innisfail, AB for Sale
$2,900,000 CAD
Hospitality - FOR SALE
1/1
null | Request Cap Rate

5004 42 Ave
Innisfail, AB T4G 1Z1


OVERVIEW

The Travel Inn & Suites Innisfail offers a well-maintained 46-room limited-service hotel strategically located along Highway 2A, with excellent visibility and access for both leisure and corporate travelers. Positioned just minutes from Highway 2 (QEII), the property benefits from strong connectivity to Red Deer (15 minutes north) and Calgary (just under an hour south), making it a convenient stopover for regional and long-haul traffic. Property Overview Rooms: 46 guestrooms, including a mix of standard rooms and upgraded suite layouts. Amenities: Breakfast area, guest laundry, fitness facility, and ample surface parking (accommodating passenger vehicles, buses, and commercial trucks). Site Size: [Insert acreage if known] with excellent ingress/egress and highway frontage. Branding: Independent Travel Inn & Suites flag, offering flexibility for an investor to continue under the current brand or reposition under a national franchise. Location Advantages High-Visibility Positioning: Prominent signage and exposure along Highway 2A, capturing both local and highway traffic. Proximity to Demand Generators: Close to Innisfail’s downtown core, local dining, shopping, and recreation amenities. Nearby attractions include Discovery Wildlife Park, Innisfail Golf Club, and regional business/industrial parks. Central Alberta Connectivity: Immediate access to Highway 2 places the property within easy reach of Red Deer, Calgary, and Edmonton. This corridor serves as Alberta’s busiest north-south trade and travel route. Investment Highlights 46-Room Asset: Strong operating scale for a secondary market property. Independent Branding: Flexibility to maintain current operations or upgrade to a franchise system. High-Traffic Corridor: Positioned directly on Alberta’s key highway network, ensuring steady leisure and commercial traffic. Value-Add Potential: Opportunity for operational improvements, repositioning, or franchise conversion to enhance ADR and RevPAR.

FOR SALE DETAILS

PRICE

$2,900,000 CAD

PRICE/SF

$155 CAD /SF

# OF ROOMS

46

PRICE/ROOM

$63,043 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Travel Inn & Suites

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2007

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

C1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Gurveen BindraRoyal LePage MagnaMore Info
306-221-1322

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Gurveen BindraRoyal LePage MagnaMore Info
306-221-1322

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