CAABFort Macleod359 24 St
Listing image | Image 1

359 24 St, Fort Macleod, AB

House

For Sale

Listed price in listed location currency (CAD).
$1,499,000

000

MLS® A2315799

  • Key Facts
  • Description
  • Map

Key Facts

Type Hotel-Motel
Levels Commercial Sale
Size 14706 sqft
Garage 
Taxes $13,994
Days Active 19
Lot Size 
Approx. Age 1980
Avg. Price Per Sqft $101
MLS® Number A2315799

Property Address: 359 24 St, Fort Macleod, AB, T0L0Z0

Average square foot calculated using Size range provided by listing agent.

Description

Excellent opportunity to acquire a well-established hotel/motel in a high-exposure Southern Alberta location positioned along the busy Highway 2 & Highway 3 corridor, approximately 90 minutes south of Calgary. This property benefits from consistent year-round traffic generated by tourism, agricultural activity, local events, and workforce accommodation, while also being ideally situated only 15 minutes from Head-Smashed-In Buffalo Jump, approximately 40 minutes to Waterton Lakes National Park, and within an hour of the U.S. border. The property features 28 guest rooms along with a spacious owner/manager’s residence offering 4 bedrooms and 2 bathrooms, thoughtfully laid out with two bedrooms upstairs and two downstairs — an ideal setup for owner-operators or on-site management. During the winter season, the business maintains strong and stable cash flow through longer-term occupancy, with king kitchenette suites historically achieving approximately $1, 300–$1, 500/month. Current ownership has completed renovations to five guest rooms, providing buyers with immediate upside potential through continued modernization and operational improvements. The motel generates approximately $350, 000 in annual gross revenue, with the current owner reporting approximately $200, 000/year in income inclusive of salary. Situated on a large 35, 937 sq.ft. (0.825 acre) site with a building size of approximately 14, 706 sq.ft., the property offers excellent visibility, accessibility, and ample future potential. The roof and boiler system are estimated to have approximately five years of remaining life, allowing purchasers the ability to strategically plan future capital improvements while operating a stable and income-producing asset in a growing regional market.
MLS® NumberA2315799
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1980
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 28, 2026List Date
$1,499,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
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$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
359 24 St, Fort Macleod, AB

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