- For sale
Steady Performance with Upside Potential: The Property has been a steady performer in recent years and remained profitable during the COVID-19 pandemic in 2020 with minimal declines in topline performance. A new owner can explore targeted capital investment projects as well as alternate management/marketing practices to drive growth across the Hotel’s rooms, restaurant and banquet space revenue sources.
Prominent Highway Location: The Hotel is well-located on an expansive 3.8 acre site with excellent visibility off Highway 2, the primary highway leading into High Prairie and within a short drive of major employers, restaurants and local attractions such as Lesser Slave Lake, the largest recreational lake in Alberta.
Diverse Local Economy: High Prairie is located a short two-hour drive from Grande Prairie, a major regional city with a trading area of 250,000 people and four hours from Edmonton. The Town’s local economy is rooted in agriculture, forestry, oil & gas and the service sector.