Town of Stettler Overview
The Town of Stettler is located in central-eastern Alberta, Canada, and is known as the “Heart of Alberta.” It is situated at the intersection of Highways 12 and 56, approximately 80 km from Red Deer, about 220 km from Calgary, and about 190 km from Edmonton.
Population: Approximately 5,600 (2021 Census)
Administrative District: Surrounded by the County of Stettler No. 6
History: Founded in 1905 by Swiss immigrant Carl Stettler and incorporated as a town in 1906
Economic Base: The main pillars are agriculture (grain, livestock, etc.), energy (oil & gas), transportation & logistics, and tourism/local services.
Economic Characteristics & Business Environment
Stettler offers convenient transportation access (highway/railway/airport), relatively low land costs, and a stable local market environment, making it an ideal location for small-to-medium enterprises, agricultural services, manufacturing, and tourism-related businesses. The local business environment supports diverse operations, including retail services, hospitality, logistics, agricultural processing, light industry, and professional services.
Stettler is listed as a participating community in Alberta’s Rural Entrepreneur Stream (RES) immigration program.
1. Property Information (Motel)
Address:5001 50 Street, Stettler, Alberta, T0C 2L0
Type: Commercial Property — Hotel / Motel
Listing Price: Approximately $999,000 CAD
Year Built: Circa 1950
Floor Area: Approximately 24,000 sq ft (approx. 2,230 sq m)
Zoning: C-1 (Commercial Use)
Hotel Structure and Room Configuration
This property includes various types of rental rooms and facilities, suitable for use as a small hotel, worker accommodation, or mixed-use rental business.
Room Layout & Accommodation
The 23 rentable rooms include:
2 larger two-bedroom apartments
1 two-bedroom suite
9 dormitory-style rooms with kitchenettes (suitable for long-term worker accommodation)
8 smaller standard rooms
Other Facilities
Meeting/conference room
Bar space
Restaurant space with a full commercial kitchen
7 VLTs (Video Lottery Terminals / gaming machines)
Property Updates
The property has recently undergone extensive renovation and upgrades, including a new roof and improved drainage systems, contributing to its enhanced investment potential.
Property Features and Investment Value
Investment Potential
Due to its location in the town center, diverse room mix, and inclusion of commercial facilities, this hotel property is positioned as a potential asset for generating stable income.
Location Advantage
Situated in the Downtown West area of Stettler, it offers convenient access to transportation and commercial activities, making it suitable for travelers, workers, or long-term tenants.
（Please note that a Non-Disclosure Agreement (NDA) is required to access detailed financial information and statements.）
2. Property Overview — 4817 50 Street, Stettler, AB T0C 2L0
Address: 4817 50 Street, Stettler (Downtown East Commercial District)
Listing Price: Approximately $679,000 CAD
Building Area: Approximately 3,720 sq ft (approx. 345 sq m)
Year Built: 1988
Property Type: Commercial — Retail / Commercial Use
Zoning: C-1 (Commercial Use)
Key Highlights：
Investment Return Potential
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The property is currently occupied by an established, operational tenant who intends to remain, providing a potential buyer with a stable source of cash flow. With a typical capitalization rate around 7%, this property is highly suitable as an income-generating investment.
Prime Location
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Located on 50 Street, the main commercial thoroughfare in downtown Stettler, the property is surrounded by a busy block featuring numerous boutiques, cafes, and professional offices. This ensures high foot traffic and excellent street visibility.
Building Design & Layout
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The building features a modern, functional design with an attractive façade and good natural lighting.
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The interior includes:
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Two office spaces
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A large storage room
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A kitchenette area with modern cabinetry and sink
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A separate restroom
This flexible layout is suitable for various commercial uses such as retail, service-based businesses, or a combination of offices.
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Additional Features
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High ceilings and ample natural light enhance the sense of interior space, contributing to a positive experience for clients or customers.
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The building is equipped with an air conditioning system, supporting comfortable operations year-round.
Investment & Operational Considerations
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Ideal For
This type of property is particularly suitable for:-
Investors seeking immediate rental income.
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Portfolio holders looking to retain long-term tenants.
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Buyers interested in a commercial space that could be used for their own business or leased out.
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Potential Uses
In addition to continuing the existing lease, the property offers high flexibility and could be redeveloped for various other retail, office, or service-oriented commercial uses based on its size and location.
3. Property Overview — 5002 50 Street, Stettler, Alberta, T0C 2L0
Address: 5002 50 Street, Stettler, Alberta. Located at a major street intersection in the Downtown West area.
Sale Price: Approximately $629,000 CAD
Building Area: Approximately 6,340 sq ft of commercial floor space.
Property Type: Commercial – Business.
Year Built: 1967
Investment Highlights
Prime Location: Situated on Stettler’s main street at a high-visibility corner location.
Diversified Income: The property is fully leased and divided into 8 separate tenant units, providing multiple income streams and reducing vacancy risk.
Strong Financials: Currently generates an estimated annual Net Operating Income (NOI) of approximately $50,782, yielding an attractive Capitalization Rate (Cap Rate) of around 7.8% for investors.
Recent Upgrades: The building exterior has been recently updated, enhancing its curb appeal and attractiveness.
Functional Layout: Includes a basement with storage space and two bathrooms, adding to the property’s utility.
Location Advantage
The property is adjacent to cafes, retail stores, and professional offices, benefiting from consistent commercial activity and customer traffic. This supports long-term tenancy stability.
4. Property Overview — 4832 50 Street, Stettler, Alberta, T0C 2L0
Address: 4832 50 Street, Stettler, Alberta, T0C 2L0
Price: Approximately $310,000 CAD
Property Type: Commercial / Retail
Year Built: 1948
Location: Situated in Downtown West, Stettler
Property Highlights
Investment Property: Currently occupied by a long-term tenant (a reputable non-profit organization), offering stable lease terms and a consistent source of cash flow.
Key Tax Advantage: Due to the non-profit status of the tenant, the property currently benefits from a property tax exemption, significantly reducing holding costs and enhancing net returns.
Monthly Rent: $3,150 CAD. All utilities (water, electricity, gas, etc.) are paid by the tenant.
Lease Structure: Fixed-term lease with approximately 3 years remaining, ensuring stable and reliable rental income.
Good Condition: The building has recently undergone upgrades, including exterior repainting and roof replacement, resulting in lower maintenance costs.
Prime Location: Located on the main street with high pedestrian and vehicular traffic, offering excellent commercial visibility and access to customers.
Versatile Space: Features a spacious interior with large display windows, suitable for various commercial uses. On-site parking is available for customers and staff.
Key Details
Building Area: Approximately 6,558 sq ft (≈ 610 sq m) (as per some listing sources)
Heating/Cooling: Forced-air natural gas heating + Central air conditioning
Structure: Brick construction
Zoning: C-1 Commercial
5. Jewel Theatre for Sale (Property & Business Included) – Asking Price: $299,000 CAD
