THE ALICE HOTEL is a historical landmark building/business operating profitably in Camrose since it was constructed in 1928. It has been owned and operated by the same family for almost 50 years due to its reliable long-term staff, straight-forward operational environment, and consistently strong revenue. It’s a rare gem in the heart of Camrose!
A thoughtful blend of vintage brick nostalgia accented by contemporary touches and unique artistry makes the Alice timeless and iconic. Its key location heralds the start of the historic main street business district, and commands the attention of locals and visitors alike.
The hotel interior and exterior have been impeccably maintained throughout its lifetime, with the current owners proactively implementing repairs and improvements that ensure the Alice remains both visually and functionally viable for the next 100 years.
STRONG AND STABLE REVENUES OF OVER $2.2MM are generated annually from the combination of lodging, food & beverage, and gaming revenues, plus market data shows ample room remains for pricing and rate increases. The steady and reliable profitability has allowed healthy management take-outs, including through the years impacted by Covid - directly counter to the challenges other businesses experienced through that period.
An efficient centralized kitchen provides service to the cafe, lounge and bar, with a menu that offers variety with without excess and supports signature dishes that draw regular patrons. Food revenues can be easily expanded by adding mobile ordering / delivery options and expanded service hours which are not currently offered. Four entrances allow varied operational options plus separate basement access, adding strong potential for new revenue streams by creating bookable space or adding an additional commercial venue. 2028 WILL MARK THE 100TH ANNIVERSARY FOR THE ALICE HOTEL, A TREMENDOUS MARKETING OPPORTUNITY!
Built in 1928, the Alice Hotel was extremely large and modern for the time. It boasted 52 rooms, hot and cold running water, baths, telephones in the rooms and a large dining room. It was built by prominent local businessman Valclav Matejka who came to Camrose in 1905. He named the hotel after his daughter Alice, and the hotel has continued to bear her name ever since.
The hotel is listed on the Camrose ‘Heritage Survey and Inventory’ List, proving its historic value to the city and its importance to the region, however it is not a registered historic site which allows full flexibility of work and use. Additional data available upon request with signed NDAMore details
IT IS A VERY NICE AND CLEAN PROPERTY WITH 26 ROOMS, A MANAGING SUITE, RV PARK. LAND IS 2.7 ACRES AND THE BUILDING IS 12,350 SQ FT. IT IS A VERY GOOD LOCATION FACED ON HIGHWAY #3 WITH VERY EASY ACCESS. TWO SEPARATE BUILDINGS.More details
50 UNIT WITH MANAGER SUITE IN MEDICINE HAT. HIGH VISIBILITY AND EASY ACCESS FROM HIGHWAY. VERY GOOD LOCATION. STEADY INCREASE IN SALES YEAR OVER YEAR. VERY GOOD SIZE FOR FAMILY OPERATION. GOOD INCOME. EASY OPERATION.More details
Rare Opportunity! Presenting a newly renovated 20-room motel with multiple thriving businesses in one exceptional package. Nestled in the charming community of Cremona, Mountain View County, just 30 minutes from Calgary, this property offers the perfect balance of convenience and serene country living. The motel features 20 spacious rooms, all freshly renovated with new furniture, modern bathrooms, and updated decor, ensuring a comfortable and inviting atmosphere for guests. The property also includes a highly profitable liquor store with impressive revenue, as well as a fully equipped pub bar featuring 2 VLT machines—perfect for maximizing income potential. Additional highlights include a new roof, state-of-the-art equipment, and a turnkey operation ready for its next owner. Whether you're looking to live and work in a peaceful setting or expand your investment portfolio, this is a rare chance to own a well-established business with strong revenue streams.More details
Unique Liquor store, Bar, restaurant &hotel business for sale, not the property. Nestled in Cremona Alberta, this meticulously maintained property boasts a perfect blend of modern comfort and classic charm, making it an ideal destination for both leisure and business travelers. 45 minutes from Calgary, the hotel enjoys proximity to key attractions, and transportation hubs, ensuring a steady flow of guests. The property features 20 well-appointed rooms and a manager suite, each tastefully decorated and equipped with modern amenities to ensure a comfortable stay. Liquor store with walk-in cooler. Bar (3 VLT), restaurant with commercial kitchen. Over $700K renovation including all motel furniture and restaurant equipment. With a strong history of occupancy rates and positive guest reviews, this hotel has established itself as a profitable business, making it an enticing opportunity for investors. The hotel is being offered as a turnkey operation, with all necessary licenses, permits, and equipment in place, allowing for a smooth transition of ownership.More details
For Sale: 32 Room Motel | Drumheller, Alberta | 2.11 Acres, 4 Lots, Development Potential
Exceptional opportunity to acquire the well-maintained, family-operated Motel in prime Drumheller location! Featuring 32 guest rooms (choice of two queen beds or one), on-site laundry, storage, and a manager’s suite (three bedrooms, kitchen, living, bath). The offering includes four lots—two vacant and ready for future development—totalling 2.11 acres with excellent exposure at a busy intersection on Highway 9. Property attracts tourists year-round and serves oil & gas, wind energy, and film industry crews. Walking distance to amenities and minutes from top Drumheller attractions, including the Royal Tyrrell Museum and Hoodoos. Zoned Highway Commercial & Residential—perfect for investors seeking both cash flow and future expansion. Contact for details!More details
Conveniently located near Highway 2, the Old Brick School, and the Athabasca Native Centre. Features include on-site laundry, barbecue grills, a conference center, and a fitness room. Easy to operate — primary clientele consists of long-term workers. Includes a manager’s suite with 1 bedroom, 1 bathroom, kitchen, and living room. Just 90 minutes from Edmonton and 3 hours from Fort McMurray. NOTE: Revenue (ear end March 31), 2023: $900,460, 2024: $910,736, 2025: $932,327. NOI: 2023: $605,000, 2024: $612,000, 2025: $668,000. Year built: 1979 (26 rooms), 2001 (10 rooms)More details
Welcome to the historic Grand Union Hotel, a true landmark that embodies the rich heritage of Coleman. Originally built in 1904 as a wooden structure, it was later reconstructed into its current magnificent brick form in 1924. This iconic establishment holds a significant place in the town's history and offers a unique opportunity for ownership. Under the current ownership, the Grand Union Hotel is thriving with multiple revenue streams. The property features seven Video Lottery Terminals (VLTs) and a vibrant bar on the main level, known for hosting live music events. Additionally, a separate street-facing space is leased for salon services, adding further value to this exceptional property. Ascending to the top floor, you'll discover a beautifully remodeled manager's suite. This spacious suite boasts a comfortable living room, a well-appointed kitchen, three inviting bedrooms, and a bathroom. The top floor also houses ten rental rooms, each equipped with sinks, and two additional bathrooms to cater to the needs of the guests. These rooms are currently operational and generating rental income. Moving to the second floor, you'll find six rental rooms complete with private bathrooms, ensuring the utmost convenience for guests. Additionally, six more rooms are available, each featuring sinks, with two bathrooms specifically designated to serve these rooms. The rooms have been well-maintained, with recent updates enhancing their appeal. The basement of the Grand Union Hotel offers a range of amenities, including coin laundry facilities, two bathrooms, and ample storage space. Mechanical systems have seen recent upgrades, particularly in the heating system, ensuring efficient operation. With the growing trend of development and revitalization in historical downtown Coleman, this property presents a remarkable opportunity for investors. Embrace the chance to be part of the ongoing transformation and capitalize on the potential this esteemed establishment holds. Don't miss your chance to own a piece of history and become a steward of the Grand Union Hotel. Contact your favorite REALTOR® to schedule a viewing today and explore the possibilities that await in this thriving and historically significant location.More details
An Unparalleled Opportunity: Own a Successful Bed & Breakfast in Rosebud, Alberta
Seize a remarkable business opportunity with this well-established and profitable Bed & Breakfast, ideally situated in the charming town of Rosebud, Alberta. With an unprecedented boom in domestic tourism, this Inn is experiencing record occupancy, making it an exceptionally appealing investment. The current owners are dedicated to ensuring your success and are prepared to offer training to facilitate a seamless transition. This spacious and welcoming lodge, featuring attractive cedar siding and a durable metal roof, offers a truly personal and intimate guest experience, exuding ambiance and charm. From the moment guests arrive, they'll be captivated by the stunning location and the generous, expansive land accompanying the property. The grand lobby, with its vaulted ceilings and check-in desk, provides a warm welcome. The Inn comprises 11 individually decorated guest rooms, each designed to offer a unique and comfortable stay. Every guest room includes its own private ensuite bathroom with heated floors, individual heat controls, air conditioning, comfortable bedding, robes, towels, and hairdryers. For added convenience and comfort, the main floor houses six guest rooms, all of which are wheelchair accessible, including an exterior ramp. Four additional rooms are located upstairs, and one on the lower level. Guests can also unwind in the upstairs lounge/library, featuring comfortable seating perfect for relaxation and conversation. A central gathering place for guests is the large dining room, comfortably seating 28, offering bright and sunny views, ideal for enjoying breakfast or other meals. The full, well-equipped kitchen provides ample space for a chef to create diverse culinary delights. Two additional bathrooms are conveniently located by the front lobby, bringing the total number of bathrooms to 15, ensuring guest comfort. The walk-out lower level features a private and spacious 2-bedroom owner's suite, completely self-contained and separate from the guest areas. This suite includes a living area with a cozy gas fireplace, a full kitchen, and a bathroom, both with heated floors. Its separate entrance allows for complete privacy. Large windows and patio doors in the basement lead to a tranquil patio and outdoor seating area, offering terrific views and a peaceful atmosphere. Also on the lower level are the laundry room, mechanical room, and ample storage space. Outside, the property boasts a triple garage and a shed, along with abundant extra parking equipped with plug-ins and an electric vehicle charger. Nestled in a picturesque valley amidst the Alberta prairies, Rosebud is renowned for its vibrant arts scene, rich culture, and serene prairie life. This Bed & Breakfast presents a unique opportunity to offer guests a personalized and memorable experience in a historic and intimate setting, all while enjoying the quiet warmth of small-town living.More details
Data was last updated September 15, 2025 at 06:05 PM (UTC)
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