Strategically located directly on Highway 1 at the entrance of the city, this impeccably maintained 66-room full-service franchise hotel (including 13 kitchenette suites) offers a rare blend of steady hospitality income and massive upside potential. The property features an indoor pool and hot tub, a 3,600 sqft restaurant providing steady rental income, and a 7,000 sqft banquet space with stunning views. A major value-add opportunity exists in the 8,500 sqft main floor space, formerly a popular nightclub, which has a high potential for reopening to meet high local demand. Ideally timed for the 2026 approval of the $131.5 million Saamis Solar Project in Medicine Hat area, this hotel is perfectly positioned to house the influx of specialized workers and corporate travellers arriving for one of Canada’s largest urban solar developments.
Address
954 7 Street
List Price
$7,250,000
Property Type
Commercial
Type of Dwelling
Hotel/Motel
Transaction Type
Sale
Area
Medicine Hat
Sub-Area
Other
Lot Size
101059 Sq. Ft.
Year Built
1973
MLS® Number
A2283807
Listing Brokerage
CIR Realty
Postal Code
T1A 7R7
Zoning
Highway Commercial Distri