601 14 Avenue
Wainwright T9W 1B3
MLS® Number: A2315848
$ 1,390,000
0
BEDROOMS
0 + 0
BATHROOMS
1958
YEAR BUILT
Well-maintained 24-room motel located in Wainwright, offering stable cash flow and a semi-absentee ownership structure. The property generates approximately $341,000 in annual revenue with an estimated NOI of ~$139,000, providing an attractive return for investors. The motel features a strong mix of clientele including work crews, healthcare professionals, railway personnel, and general travelers, with approximately 50% of occupancy from long-term stays, ensuring consistent and predictable income. Fully renovated in 2016, the property is in turn-key condition with minimal immediate capital expenditure required. A new hot water tank was installed in 2025. The business is currently operated by an on-site manager couple, making it an ideal opportunity for investors seeking a passive or semi-passive income stream. The property includes a manager’s suite attached to the front office for efficient operations. Situated on a 1.5-acre site, the property offers additional upside potential for future expansion or redevelopment. Excellent opportunity to acquire a stable hospitality asset in a resilient regional market.
| COMMUNITY | Wainwright |
| PROPERTY TYPE | Hotel/Motel |
| BUILDING TYPE | Hotel/Motel |
| STYLE | N/A |
| YEAR BUILT | 1958 |
| SQUARE FOOTAGE | 0 |
| BEDROOMS | 0 |
| BATHROOMS | 0 |
| BASEMENT | |
| AMENITIES | |
| APPLIANCES | |
| COOLING | |
| FIREPLACE | N/A |
| FLOORING | |
| HEATING | |
| LAUNDRY | |
| LOT FEATURES | |
| PARKING | |
| RESTRICTIONS | None Known |
| ROOF | |
| TITLE | Fee Simple |
| BROKER | RE/MAX Complete Realty |
| ROOMS | DIMENSIONS (m) | LEVEL |
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