Office:  403-460-3888

1303 Mayor Magrath Drive S
Lethbridge College Lethbridge T1K 2R1

$7,850,000
Commercial

Outdoor View of Ramada Inn
Photo 1: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
Photo 2: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
Photo 3: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
Photo 4: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
Photo 5: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
Photo 6: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
Photo 7: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2165361
Sale of Property and Business together. Presenting a prime investment opportunity in the heart of Lethbridge, this property includes both the Ramada Inn by Wyndham and the Chinook Motel, offering a combined total of 86 rooms—66 in the Ramada and 20 in the Chinook. Centrally located, this property benefits from excellent visibility and accessibility, making it a popular choice for both leisure and business travelers. Additionally, the site features the True Swing Indoor Golf, a unique amenity that enhances the guest experience. With strong revenues and a well-established presence in the market, this property is an exceptional opportunity for investors seeking a high-performing hospitality business.
Property Type:
Commercial
Property Sub Type:
Hotel/Motel
Transaction Type:
For Sale
Possession:
Negotiable
Total Building Area:
41,084 sq. ft.
Taxes:
$60,250 / 2023
Year built:
1974 (Age: 50)
Bathrooms:
- (Full:-, Half:-)
Plan:
3100JK
Structure Type:
Hotel/Motel
Ensuite:
No
Garage:
0
Lethbridge College
Hotel Furnitures And True Swing Indoor Golf Equipment
None Known
Num. of Parcels:
0
Region:
Lethbridge
Zoning:
C-H
Listed Date:
Sep 12, 2024
Days on Mkt:
67
  • Photo 1: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
    Outdoor View of Ramada Inn
  • Photo 2: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
    Bird's Eye View of the Property
  • Photo 3: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
    Lobby of the Ramada Inn
  • Photo 4: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
    Indoor Golf Swing
  • Photo 5: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
    Inside of indoor golf swing
  • Photo 6: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
    Photo 6 of 7
  • Photo 7: 1303 Mayor Magrath Drive S: Lethbridge Hotel/Motel for sale : MLS®# A2165361
    Photo 7 of 7
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Listed by Grand Realty
Data was last updated November 18, 2024 at 10:05 AM (UTC)
Ovais Muhammad Siddiqui
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.