121 2 Street W, Cremona

$2,190,000

10,736Sq Ft
1980Built
420Days listed

9 photos

About this property

Rare Opportunity! Presenting a newly renovated 20-room motel with multiple thriving businesses in one exceptional package. Nestled in the charming community of Cremona, Mountain View County, just 30 minutes from Calgary, this property offers the perfect balance of convenience and serene country living. The motel features 20 spacious rooms, all freshly renovated with new furniture, modern bathrooms, and updated decor, ensuring a comfortable and inviting atmosphere for guests. The property also includes a highly profitable liquor store with impressive revenue, as well as a fully equipped pub bar featuring 2 VLT machines—perfect for maximizing income potential. Additional highlights include a new roof, state-of-the-art equipment, and a turnkey operation ready for its next owner. Whether you're looking to live and work in a peaceful setting or expand your investment portfolio, this is a rare chance to own a well-established business with strong revenue streams.

Essential information

MLS® number: A2241714
Status: Active
Price: $2,190,000
Property type: Commercial
Type: Hotel/Motel
Transaction: For Sale
Restrictions: Call Lister
Building area: 10,736 sq ft
Lot size: 19,963 sq ft
Year built: 1980
Structure: Hotel/Motel
Listing brokerage: Grand Realty
Source: Pillar 9™ MLS® System

Interior

Included: All Furniture in Motel, All equipment in Restaurant / pub bar

Exterior and construction

Zoning: C2

Commercial

Business type: Bar/Tavern/Lounge, Hotel/Motel, Restaurant

Community

City: Cremona
Province: AB
Postal code: T0M 0R0

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Business valuation calculator

SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.

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