Christopher Vincent / Sotheby's International Realty Canada

223 Otter Street , Commercial for sale in NONE Banff , Alberta , T1L 1C3

 MLS® # A2199643

0 bathrooms

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Days on Market

With a net operating income of $425k in 2024 and forecast NOI of $460 in 2025, an incredible opportunity in Banff. Positioned in the heart of Banff, 223 Otter Street presents a rare opportunity to own one of the town’s highly coveted B&B Inn licenses—one of just eight in existence. With recent regulatory changes tightening short-term rental allowances, income-generating properties of this scale and exclusivity are becoming increasingly scarce. This historic 10-room inn, complete with a manager’s suite, comb...

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Essential Information

  • MLS® #
    A2199643
  • Property Type
    Hotel/Motel
  • MLS® #
    A2199643
  • Property Type
    Hotel/Motel
  • MLS® #
    A2199643
  • Property Type
    Hotel/Motel

Community Information

  • Postal Code
    T1L 1C3
  • Postal Code
    T1L 1C3
  • Postal Code
    T1L 1C3

Interior

  • Heating
    Boiler
    Natural Gas
  • Heating
    Boiler, Natural Gas
  • Heating
    Boiler
    Natural Gas

Exterior

  • Roof
    Asphalt Shingle
  • Roof
    Asphalt Shingle
  • Roof
    Asphalt Shingle

Additional Details

  • Zoning
    RNC
  • Zoning
    RNC
  • Zoning
    RNC

$5,750,000

223 Otter Street

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$26185/month
Est. Monthly Payment
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