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Investment Highlights

  • High-Traffic Visibility
  • Proven Occupancy
  • Workforce Ready

Executive Summary

This offering presents investors with the opportunity to acquire the Economy Inn, a well-positioned hospitality asset located along Gateway Boulevard NW, one of Edmonton’s major transportation arteries. Occupying approximately 0.6 acres with Business Commercial (CB) zoning, the property benefits from strong visibility and accessibility, making it a favorable destination for travelers and extended-stay guests.
The property features a diversified revenue base with 38 rentable units, including double and single queen rooms, a queen suite, and a two-bedroom manager’s suite. An established rental program drives predictable cash flow, supported by ancillary income streams such as five leasable storage garages and a fully leased restaurant (Gurkha Restaurant) contributing additional steady rent. This integrated revenue ecosystem minimizes vacancy risk and operational volatility.
Positioned near Whitemud Drive and with direct exposure to Highway 2, the property offers strategic connectivity to Edmonton’s key employment centers, retail hubs, and surrounding regional routes. With opportunities for value-add initiatives such as leasing additional office or retail space, the property offers solid income potential for investors seeking hospitality assets with upside.

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.60 AC
Building Size 15,031 SF
No. Rooms 37
No. Stories 3
Year Built 1982
Corridor Exterior
Zoning CHY

Amenities

  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 7 $94.69 USD -
Guest Room 30 $47.35 USD -
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
  • Listing ID: 41014527

  • Date on Market: 6/22/2026

  • Last Updated:

  • Address: 4009 Gateway Blvd NW, Edmonton, AB T6J 5H2

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