For more information, please click the "More Information" button. Vendor financing available, additional fees may apply. Cash flowing Motel in Edson, AlbertaPresenting the Castle Motel Edson, a well-established, high-performing hospitality property now available for purchase. Located directly on Highway 16, a major route to Jasper National Park, this 16-room motel offers unbeatable visibility, excellent curb appeal, and consistent revenue.The motel features a variety of accommodation options including standard rooms, studio kitchenettes, and one-bedroom kitchenette suites, with half of the inventory comprising full kitchen units, ideal for extended stay guests. Its strategic location places it kitty-corner to Walmart, steps from popular eateries, and directly across from the upcoming Mikes restaurant franchise, further boosting visibility and guest traffic.Consistently popular with long-term guests, the Castle Motel offers ease of operations with minimal staffing needs, strong margins, and a reliable on-site manager available to continue operations if required.Recent upgrades have significantly enhanced the guest experience, leading to strong repeat business and glowing reviews. Currently operated remotely, the business generates $220,000 in annual revenue with an adjusted NOI of $99,000. A hands-on owner-operator living in the onsite 3-bedroom manager’s suite could have achieved $140,000+ savings on accommodation expenses.Now ranked 4+ stars online and a top 5 hotel amongst 16 properties in Edson, Castle Motel.Looking ahead, Edson is poised for growth. Two major projects — the $86 million Edson Leisure Centre (now underway) and the $2.8 billion ATCO Yellowhead Pipeline project (starting in early 2026) — are expected to significantly increase demand for local accommodations, providing strong upside potential for occupancy and revenue growth.Additional ups ide: There is room to add a 17th guest suite, with existing plumbing and washroom infrastructure already in place. This is a turnkey, cash-flowing business with flexible management options. It currently requires just 6–8 hours of work per day, making it a fantastic investment for either remote operators or owner-occupiers. Full operational training will be provided by the current owner to ensure a smooth transition.The Castle represents a rare opportunity to acquire a profitable, easy-to-run hospitality asset. Proof of funds is required. Please do not approach staff regarding the sale. (id:57594)
| MLS® Number | A2241763 |
| Property Type | Business |
| Neigbourhood | Heatherwood |
| Community Name | Edson |
| Plan | 461aj |
| Constructed Date | 1970 |
| Size Exterior | 7301 Sqft |
| Size Interior | 7,301 Ft2 |
| Total Finished Area | 7301 Sqft |
| Acreage | No |
| Size Total Text | Unknown |
| Zoning Description | C3 |
https://www.realtor.ca/real-estate/28632436/5604-4-avenue-edson-edson
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. 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. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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