6011 49 St - Hospitality FOR SALE


Barrhead, AB T7N 1G8
$2,750,000 CAD
587-405-2998
6011 49 St, Barrhead, AB for Sale
$2,750,000 CAD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

6011 49 St
Barrhead, AB T7N 1G8


HIGHLIGHTS

  • Features 52 guest rooms with multiple established revenue streams.
  • Includes a restaurant, lounge, and full commercial kitchen.
  • Nine VLTs provide an additional operating revenue component.
  • Banquet and event facilities accommodate large gatherings.

OVERVIEW

Barrhead Neighbourhood Inn presents an opportunity to acquire a full-service hospitality asset in Barrhead, Alberta. The property includes 52 guest rooms and benefits from multiple established revenue sources that support diversified hotel operations. In addition to overnight accommodations, the property features a restaurant, bar/lounge, commercial kitchen, and banquet/event facilities, creating the ability to serve both travelers and local patrons while supporting food, beverage, and event-related income streams. The hotel's event and hospitality infrastructure provides substantial capacity for group functions, community gatherings, corporate meetings, and private events. Approximately 200 banquet seats, 120 restaurant seats, and 80 lounge seats allow the property to accommodate a variety of hospitality uses within a single operation. The presence of nine Video Lottery Terminals (VLTs) within the lounge further contributes to the property's revenue mix. Located along 49 Street in Barrhead, the property benefits from visibility and accessibility within the community. Barrhead serves as a regional service center for the surrounding agricultural area, supporting demand from business travelers, contractors, visitors, and local residents. The approximately three-acre site provides on-site parking and operational flexibility that complements the property's hospitality offerings. For investors seeking a hospitality asset with multiple operating components, the property offers lodging, food and beverage service, event hosting capabilities, and gaming-related income within a single ownership opportunity. Detailed financial information is available to qualified purchasers following execution of a confidentiality agreement.

FOR SALE DETAILS

PRICE

$2,750,000 CAD

PRICE/SF

$130 CAD /SF

# OF ROOMS

52

PRICE/ROOM

$52,885 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Barrhead Neighborhood Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.63 AC

LAND SF

114,441 SF

ZONING

C2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Alim MohamedMaxWell Commercial (Polaris)More Info
587-405-2998

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Alim MohamedMaxWell Commercial (Polaris)More Info
587-405-2998

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