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Peace River conference centre fetches $6M in off-market deal

Property can accommodate additional commercial tenants
9510-100-street-peace-river
Sawridge Inn in Peace River, Alberta, sold August 15 in an off-market transaction for $6 million.

DEAL | Sawridge Inn, a full-service hotel and conference centre with 132 guest rooms in Peace River, Alberta sold August 15 for $6 million in an off-market transaction. The property at 9510 110 Street is comprised of three buildings, and is developed with food and beverage facilities, conference facilities, a gaming room, fitness room, spa and administration offices. Zoned C1 (primary commercial district), the 3.22-acre property has additional commercial retail space for lease.

PRICE | $6,000,000

FROM | Dale James and Humaira Naikyar, Re/Max Excellence Commercial Division