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Bed & Breakfast for sale in Fairview

$8,000,000

About this property

Exceptional opportunity to acquire a large, full-service 80-room hotel strategically located on a major provincial highway serving the greater Peace River region and surrounding Peace Country industrial corridor. This well-maintained, family-owned hospitality asset is situated on a substantial commercial land parcel with excellent highway frontage and ample parking, attracting steady year-round demand from oil & gas, forestry, construction crews, regional government travel, tourism, and commercial highway traffic. PROPERTY FEATURES: 80 guest rooms, including executive suites, bridal suite with Jacuzzi, and diverse room configurations On-site coffee shop, formal dining room, licensed pub, sports bar featuring 10 VLTs, Liquor store, Banquet room and meeting room for events and corporate functions, Large, high-end commercial kitchen with walk-in coolers and freezers. Separate structure with additional income-producing suites, On-site manager suite, extensive surface parking suitable for guest vehicles and crew trucks. Ongoing upgrades and strong maintenance history. The property is recognized as a strong regional employer and established community presence. Diversified income streams (rooms, food & beverage, liquor, VLTs, events) provide operational stability and growth potential. Positioned near the Peace River corridor, this asset serves both industrial and tourism markets, including Northern Lights visitors. Financials: Available to qualified purchasers upon execution of Confidentiality Agreement.

Essential information

MLS® number
A2284588
Status
Active
Price
$8,000,000
Property type
Commercial
Type
Hotel/Motel
Transaction
For Sale
Restrictions
None Known
Building area
63,540 sq ft
Lot size
141,570 sq ft
Year built
1982
Structure
Hotel/Motel
Listing brokerage
Century 21 Bravo Realty
Source
Pillar 9™ MLS® System

Exterior and construction

Construction
Concrete, ICFs (Insulated Concrete Forms)
Zoning
Highway Commercial

Commercial

Business type
Bed & Breakfast, Hotel/Motel

Community

City
Fairview
Province
AB

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.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

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The deal

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MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

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