99, 1818 Mountain Avenue Canmore, Alberta T1W 3M3

1649 sqft
Central Air Conditioning Radiant Heat, Other, In Floor Heating



$1,697.77 Monthly

Wow. Wow. Wow, A 1,649 space in Silver Creek Lodge and Resort. Ideal for a spa. This great space can also be used for other business opportunities. Commercial space is scarce in Canmore; this is a great opportunity to own your own space and be your own landlord. The seller may include the existing equipment and fixtures, with art being negotiable. You can start right away earning money. The spa name is not included. It is ideal for a spa or hotel/resort related business. With longer hours and a knowledgeable owner it is possible to do $900,000 to $1,000,000 in business. Attached are actual spa financials for the prepandemic years 2016 to 2019. 900k to 1,000k was sales volume in 2015 working 10 am to 5 pm 5 days a week. A big boost in revenue is possible merely by opening to 7 pm 7 days a week. The space has the added benefit of free access to 2 open air hot pools, steam, change rooms with lockers, fitness room, and access to the outside. Having access to a workout room is a plus for therapists. The operating costs are low despite access to all the facilities. Taxes are only $3,057 and the condo fees are only $1,697. Plus condo fees include water, telephone, internet, cable tv and heat, Some of the condominium units in the resort are fractional ownership (1 to 4 weeks per month) so you always have guests available. Another plus is an acclaimed restaurant in the Lodge: it is the Wild Orchid Asian Fusion Restaurant. Spa customers first book spa treatments for themselves then book a rental condo in the Hotel. A lovely getaway from the big city. Of course you are in the mountains and can hike, climb, snowshoe, cross country and alpine ski, bike, walk, or be a foodie. The lodge has a bike score of 86 so you can do most trips on a bike. Some people like the lifestyle so much they even buy a condo in the building and work long distance online. And are very happy! This is terrific value at $476/sq ft when most units in the building at Silver Creek Resort are in the rang e of $740/sq ft. For the right buyer the seller will carry a VTB for a substantial amount if it helps. The condo board members are quite eager to have a quality operator to replace the retiring owner. (id:36938)

Property Details

MLS® Number A1201207
Property Type Retail
Community Name Bow Valley Trail
Parking Space Total 40
Plan 0911872
Total Buildings 1


Basement Type Unknown
Constructed Date 2008
Construction Material Wood Frame
Cooling Type Central Air Conditioning
Exterior Finish Stone, Wood Siding
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Radiant Heat, Other, In Floor Heating
Size Exterior 1649 Sqft
Size Interior 1649 Sqft
Total Finished Area 1649 Sqft
Type Retail


Acreage No
Size Total Text Unknown
Zoning Description Hotel Condo