504 & 506 Main Street , Manning

$999,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

An exceptional opportunity to acquire a diversified hospitality business with multiple income streams and strong upside potential—without the investment typically required for a large hotel operation. Located in Manning, Northern Alberta, this property combines a 25-room motel and a 23-room hotel, along with owner/manager living quarters featuring 2 bedrooms, a kitchen and living room.

Multiple revenue sources include monthly room rentals, a liquor store, a licensed bar with 6 VLTs, and seasonal karaoke nights. The karaoke operation generates approximately $50,000 in additional annual revenue during the winter season. Several rooms are also rented monthly, providing stable recurring income, while a vacant restaurant space offers an opportunity to create an additional revenue stream through leasing or reopening the restaurant.

An ideal opportunity for an owner-operator or investor seeking multiple sources of income, manageable operating costs, and significant potential to increase revenue through hands-on management and further development of the existing business.

Essential Information
MLS® #A2342680
Price$999,000
Year Built1947
TypeCommercial
Sub-TypeHotel/Motel
StatusActive
Community Information
Address504 & 506 Main Street
SubdivisionNONE
CityManning
CountyNorthern Lights, County of
ProvinceAlberta
Postal CodeT0H2M0
Additional Information
ZoningC-1
Listing Details
OfficeFirst Place Realty
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