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$ 875,000
Est. payment | /mo
7,301 SqFt
$ 875,000
Est. payment | /mo
7,301 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 7,301 sqft
Price per Sqft $119
Subdivision Edson
MLS Listing ID A2241763
Year Built 1970
Property Sub-Type Hotel/Motel
Property Description
For more information, please click the "More Information" button.
Vendor financing available, additional fees may apply. Cash Presenting 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 Mr. 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 $110,000. 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 upside: There is room to add a 17th guest suite, with existing plumbing and washroom infrastructure already in place. Estimated completion cost is under $7,000.
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.
Offered “as is” and priced to sell quickly, the Castle represents a rare opportunity to acquire a profitable, easy-to-run hospitality asset. The seller is motivated only by a move to a larger property acquisition.
Proof of funds is required. Please do not approach staff regarding the sale
Vendor financing available, additional fees may apply. Cash Presenting 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 Mr. 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 $110,000. 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 upside: There is room to add a 17th guest suite, with existing plumbing and washroom infrastructure already in place. Estimated completion cost is under $7,000.
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.
Offered “as is” and priced to sell quickly, the Castle represents a rare opportunity to acquire a profitable, easy-to-run hospitality asset. The seller is motivated only by a move to a larger property acquisition.
Proof of funds is required. Please do not approach staff regarding the sale
Location
Province AB
Zoning C3
Interior
Inclusions All hotel furniture, fixtures are included in this "AS IS"
Fireplace No
Exterior
Garage No
Building
Dwelling Type Hotel/Motel
Others
Restrictions Mineral Claim Staked
Listed by Easy List Realty
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