601 14 Avenue, Wainwright

2026-05-29
 

Quick Summary

Location
601 14 Avenue, Wainwright, Alberta T9W1B3
Price
$1,390,000 CAD
Status:
For Sale
Property Type:
Business
Area:
9048 sqft
Year of Construction:
1958

MLS®#A2315848

Property Description

Well-maintained motel located in Wainwright, offering stable cash flow and a semi-absentee ownership structure. The property generates approximately $341,000 in annual revenue with an estimated NOI of approximately $139,000, providing an attractive return for investors.The motel features 22 rentable guest rooms plus a manager's suite and office. It benefits from a strong mix of clientele including work crews, healthcare professionals, railway personnel, and general travelers. Approximately 50% of occupancy is derived from long-term stays, providing consistent and predictable cash flow throughout the year.The business is currently operated by an on-site manager couple, making it an ideal opportunity for investors seeking passive or semi-passive ownership. The manager's suite is conveniently located adjacent to the front office, contributing to efficient day-to-day operations. There is also potential to increase profitability through owner-operation.The property has been well maintained, with major renovations completed in 2016. A new hot water tank was installed in 2025, and low immediate capital expenditure is anticipated. One guest room currently requires renovation and is being offered in as-is condition.Situated on approximately 1.5 acres, the property offers future expansion or redevelopment potential. Supported by demand from Canadian Forces Base Wainwright, the local oil and gas industry, agriculture, and regional services, this is an excellent opportunity to acquire a stable hospitality asset in a resilient regional market. (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 9048 sqft

Land

  • Land Size: Unknown

Ownership

  • Type: Freehold

Zoning

  • Description: c3

Information entered by RE/MAX Complete Realty
Listing information last updated on: 2026-06-15 21:30:46


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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.

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At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

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For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

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