Property Details

Address: 4710 - 50 Street, Valleyview, SK
Status: For Sale
Price: $950,000
Price Per Door: $43,181
No. of Units: 22
Cap Rate: 12.60%

Shamrock Motel is a twenty-two guest room motel located at 4710 - 50 Street in Valleyview, Alberta.

It is a two storey concrete block construction building. It was built in 1964. Parking is surface and paved. There is a main office with a small on-site manager suite complete with a kitchen, livingroom, bedroom, bathroom and laundry room. Attached to the main office is a restaurant space complete with an in-person dining room and complete industrial kitchen.

Guest rooms come in both single-queen rooms and double-queen rooms. Each room has a private 3 piece bathroom with a tub/shower combo, and an additional sink in room. Each room has a a desk, television, side tables, small dinette, refrigerator, microwave, and coffee maker.

About Valleyview

Valleyview is a town in North-West Alberta. It is approximately 3.5 hours (350 km) north-west of Edmonton, Alberta, and approximately 1 hour (112 km) east of Grande Prairie. Valleyview is located at the junction of Highway 43 and Highway 49.

Highway 43 is a major highway in northern and central Alberta that connects Edmonton to the British Columbia border via the Peace Country, forming the northernmost portion of the CANAMEX Corridor in Alberta. It stretches approximately 499 km from Highway 16 (Yellowhead Highway) near Carvel (west of Edmonton) to the British Columbia border west of Demmitt. It is designated as a core route in Canada’s National Highway System, comprising a portion of a key international corridor that stretches from Alaska into Mexico.

According to the 2016 census, Valleyview has approximately 1,863 residents.

The town is located in the southern Peace Region between the Little Smoky River and Sturgeon Lake. As noted by its name, the town is elevated and overlooks the surrounding valleys. Sturgeon Lake is located approximately 15 km west of the town and is home to Young’s Point Provincial Park, a popular provincial park in the area.

Valleyview is very much a creation of highway development. The completion of the Valleyview-Whitecourt highway in 1955 made Grande Prairie and the western Peace River area much more accessible from Edmonton and other southern cities. Today, the economy of Valleyview is shaped by the oil and natural gas industry, local agriculture and services for highway travellers.

Valleyview is also home to the Greenview Regional Multiplex. The recreational centre opened February 9, 2018, boasting aquatics, a fieldhouse, a play area, a commercial kitchen, and a fitness centre located on the second floor.

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