I have listed a new property at 1047 Trans Canada HWY in Golden.
The subject property is located in the Town of Golden with civic address of 1047 Trans Canada Hwy and is in the north east quadrant of the town. Just a few minutes drive from the downtown commercial core. Total lot size is approximately 65,336 Square Feet and is roughly rectangular in shape. Currently under C-4 (Highway Corridor Commercial) Zoning. Super 8 Golden Hotel was built on the property since 1995. It is a 2-storey wood-frame building with 34 rooms in total, double bed in 19 rooms in which 2 rooms with kitchen (the room size is twice of the normal one), single bed in 15 rooms in which 2 rooms with kitchen. Building size is around 22,000 - 23,000 Square Feet. There is potential to build another building (around 60 rooms) on the site. Room fare is around $200 during Summer time and $150 during Winter time. Light breakfast is served everyday (coffee, fruit, cereal, and bread). Annual Operating income is around $700,000 and annual net profit is $260,000 approx. 4-5 employees are hired for the Summer time and 3 employees for the Winter.