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359 24 Street, Fort Macleod
2026-05-06
Quick Summary
- Location
- 359 24 Street, Fort Macleod, Alberta T0L0Z0
- Price
- $1,699,900
- Status:
- For Sale
- Property Type:
- Business
- Area:
- 14706 sqft
- Year of Construction:
- 1980
MLS®#A2308234
Property Description
This well-located hotel/motel presents an excellent investment opportunity in a busy Southern Alberta town at the intersection of Highways 2 and 3, approximately 90 minutes south of Calgary. The property benefits from strong year-round demand driven by local events, farm workers, and tourism, with Head-Smashed-In Buffalo Jump just 15 minutes away, Waterton Lakes National Park 40 minutes away, and the U.S. border within one hour. The motel features 28 guest rooms plus a spacious 4-bedroom, 2-bathroom managerâs suite (two bedrooms upstairs and two downstairs), making it ideal for an owner-operator. During winter months, the property generates steady income through long-term rentals, achieving approximately $1,300â$1,500 per month for king rooms with kitchenettes. The roof and boiler system both have an estimated remaining lifespan of about five years, offering buyers the opportunity to plan future upgrades while benefiting from a strong existing location and diversified revenue stream. The business generates approximately $350,000 in annual sales, and the current owner earns about $200,000 per year, including salary. Five of the guest rooms have been recently renovated, presenting an opportunity for further upgrades to increase revenue. The property includes a building size of approximately 14,706 sq. ft. situated on a 35,937 sq. ft. (0.825-acre) lot. (id:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 14706 sqft
Land
- Land Size: 35937 sqft|32,670 - 43,559 sqft (3/4 - 1 ac)
Ownership
- Type: Freehold
Zoning
- Description: CB
Information entered by Grand Realty
Listing information last updated on: 2026-05-05 20:46:14
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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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