Property Details

Address: 5002 - 50 Avenue, Bonnyville, AB
Status: For Sale
Price: $850,000
No. of Units: 32
Cap Rate: 13.41%

The Bonnyville Hotel is a 32 suite hotel located at 5002 - 50 Avenue in Bonnyville, Alberta.

It is a three storey low-rise, wood-frame construction building. It was built in 1946, and extensively renovated within the last 10 years. There is ample on-street parking available.

The 32 guest rooms come in a variety of sizes, from single queens, double queen, and king suites. There are 4 one-bedroom apartment suites for long-term rentals. There is a restaurant/bar on the main floor and a hair salon.

About Bonnyville

Bonnyville a town located approximately two hours and forty-five minutes north-east of Edmonton. According to the 2016 census, the population of Bonnyville is just over 5,900 residents. The economy is supported through oil and agriculture. There are seven schools operating in Bonnyville, offering education from Kindergarten through Grade 12 in both English and French (for some grades).

A municipal library, RCMP detachment, and Healthcare Centre, which offers emergency, acute and long-term care services, serve the city and surrounding area.

The Centennial Centre, a multi-purpose center for entertainment, sports and recreation was built in 2007. A fitness centre, indoor track, three rinks, and field house are some of facilities available.

The town`s amenities include: multiple chain hotels, Sobeys, Tim Hortons, McDonalds, DQ, A&W, Mark’s Work Warehouse, and RBC Bank.

Interested in this Property?

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