Jim Sparrow

REALTOR® 403-703-2404

  • Office 403-252-5900
  • Cell 403-703-2404

5027 Lakeshore Drive, Sylvan Lake, Alberta – $8,900,000

  • $8.9M Price
  • 41,181 Sqft
  • 1 Acres
  • 588 DOM
  • $8.9M Price
  • 41,181 Sqft
  • 1 Acres
  • 588 DOM

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5027 Lakeshore Drive

If you believe like we do that the central Alberta economy is turning around then it's time to buy . This Best Western Plus is a 2014 72 room, four storey, concrete floor hotel located in the center of town in Sylvan Lake. Walking distance from shopping, dining, entertainment and the Sylvan Lake beach. Includes a boardroom, business center, fitness room, large pool and hot tub area.This is the only large newer Hotel in the area. Very well kept up and managed by the original owner/builder who has previously built many other much larger commercial buildings in Alberta.

Essential Information

  • MLS® #CA0170987
  • Price$8,900,000
  • Bathrooms0.00
  • Square Footage41,181
  • Year Built2012
  • TypeCommercial
  • Sub-TypeHotel/Motel
  • StatusActive

Community Information

  • Address5027 Lakeshore Drive
  • SubdivisionDowntown
  • CitySylvan Lake
  • CountyRed Deer County
  • ProvinceAlberta
  • Postal CodeT4S 1R0


  • Has BasementYes
  • BasementPartial


Combination, Hot Water, Make-up Air, Zoned


  • Lot Description1.00
  • RoofMembrane
  • FoundationPoured Concrete


Concrete, Metal Siding, Metal Frame

Additional Information

  • Days on Market588
  • ZoningW-DC
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Listing information last updated on February 26th, 2021 at 9:16am MST.