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5218 46 Street, Olds, AB, T4H 1B8

MLS® # A2110281
Commercial For Sale In Olds, Alberta
$2,150,000
5218 46 Street, Olds, AB
5218 46 Street, Olds, AB
5218 46 Street, Olds, AB
5218 46 Street, Olds, AB
5218 46 Street, Olds, AB
5218 46 Street, Olds, AB
5218 46 Street, Olds, AB
5218 46 Street, Olds, AB
5218 46 Street, Olds, AB
5218 46 Street, Olds, AB
5218 46 Street, Olds, AB
5218 46 Street, Olds, AB
5218 46 Street, Olds, AB
5218 46 Street, Olds, AB
5218 46 Street, Olds, AB
5218 46 Street, Olds, AB
5218 46 Street, Olds, AB
5218 46 Street, Olds, AB
  • Advertising
ACTIVE
5218 46 Street, Olds, AB, T4H 1B8
$2,150,000

Property Information:

Location, Location, Location! Profitable and Easy operation business!! Hard to find an opportunity to become an operator and owner of this mint condition Motel located in the busy town of Olds where it is constantly busy with locals (Olds college and other businesses) and with workers. The motel presents with total of 37 Guest rooms with a combination of variety of the room types including 17 Kitchenettes and incredibly well maintained two story owner's home within the premises. The owner's living area is equipped with 4 bedroom, a large living area and kitchen, just like a two story house. Mint condition, well organized and Very profitable business with a stable income stream Motel is waiting for a new owner. Please do not show up to the motel without the prior arrangements. Please do not disturb the business and the seller and his staff.

Inclusions: The Seller will provide the chattel & equipment list.

Property Features:

  • Floor Space (approx): 15567.00 Square Feet
  • Zoning: CH

Courtesy of: MaxWell Capital Realty

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 5218 46 Street, Olds, AB, T4H 1B8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

38/100

Moderate-Low

ClimateCheck®

Current data

This property, 5218 46 Street , experiences 7 hot days per year at around 28.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 32.5 degrees Celsius.

Projected Avg. Temperature

Past
28.5℃
2050
32.5℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

26/100

Moderate-Low

ClimateCheck®

Current data

This property, 5218 46 Street , experiences 10 significant 2-day storms per year, with about 211.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 225.2mm of precipitation per year.

Precipitation Per Storm

Past
211.3mm
2050
225.2mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 5218 46 Street, Olds, AB, T4H 1B8

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$102,795.92

Average Number of Children

1.77

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.83 %

High school certificate or equivalent

28.59 %

Apprenticeship trade certificate/diploma

12.85 %

College/non-university certificate

26.75 %

University Degree

12.99 %

Commuter

Travel To Work

By Car

88.32 %

By Public Transit

0.0 %

By Walking

7.08 %

By Bicycle

0.0 %

By Other Methods

4.6 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

21.2 %

Houses

78.8 %

Own Vs. Rent

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