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5604 4 Avenue, Edson
2025-07-21
Quick Summary
- Location
- 5604 4 Avenue, Edson, Alberta T7E1L6
- Price
- $950,000
- Status:
- For Sale
- Property Type:
- Business
- Area:
- 7301 sqft
- Year of Construction:
- 1970
MLS®#A2241763
Property Description
For more information, please click the "More Information" button. Vendor financing available, additional fees may apply. Cash flowing Motel in Edson, AlbertaPresenting the Castle Motel Edson, a well-established, high-performing hospitality property now available for purchase. Located directly on Highway 16, a major route to Jasper National Park, this 16-room motel offers unbeatable visibility, excellent curb appeal, and consistent revenue.The motel features a variety of accommodation options including standard rooms, studio kitchenettes, and one-bedroom kitchenette suites, with half of the inventory comprising full kitchen units, ideal for extended stay guests. Its strategic location places it kitty-corner to Walmart, steps from popular eateries, and directly across from the upcoming Mikes restaurant franchise, further boosting visibility and guest traffic.Consistently popular with long-term guests, the Castle Motel offers ease of operations with minimal staffing needs, strong margins, and a reliable on-site manager available to continue operations if required.Recent upgrades have significantly enhanced the guest experience, leading to strong repeat business and glowing reviews. Currently operated remotely, the business generates $220,000 in annual revenue with an adjusted NOI of $99,000. A hands-on owner-operator living in the onsite 3-bedroom manager’s suite could have achieved $140,000+ savings on accommodation expenses.Now ranked 4+ stars online and a top 5 hotel amongst 16 properties in Edson, Castle Motel.Looking ahead, Edson is poised for growth. Two major projects — the $86 million Edson Leisure Centre (now underway) and the $2.8 billion ATCO Yellowhead Pipeline project (starting in early 2026) — are expected to significantly increase demand for local accommodations, providing strong upside potential for occupancy and revenue growth.Additional ups ide: There is room to add a 17th guest suite, with existing plumbing and washroom infrastructure already in place. This is a turnkey, cash-flowing business with flexible management options. It currently requires just 6–8 hours of work per day, making it a fantastic investment for either remote operators or owner-occupiers. Full operational training will be provided by the current owner to ensure a smooth transition.The Castle represents a rare opportunity to acquire a profitable, easy-to-run hospitality asset. Proof of funds is required. Please do not approach staff regarding the sale. (id:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 7301 sqft
Land
- Land Size: Unknown
Zoning
- Description: C3
Information entered by Easy List Realty
Listing information last updated on: 2025-10-06 23:40:56
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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