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Nick Penney
info@nickpenney.com$499,900
Est. payment /mo
25,406 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 25,406 sqft
Price per Sqft $19
Subdivision Swan Hills
MLS® Listing ID E4418692
Originating Board REALTORS® Association of Edmonton
Year Built 1963
Lot Size 0.950 Acres
Acres 41382.0
Property Description
Swan Hills Hotel ( with 8 VLT's); Liquor Store; 18 Rooms on Upper Level; Restaurant; Lounge and additional 3692 sq ft area to lease out. Seller is currently only operating the Hotel (Bar Area) and the liquor Store. The lounge; Restaurant; and remaining space have been closed for over 8 years. Previous operation of the entire 25,460 sq.ft building the gross income was over $1.5 Million Bar and Liquor Store are profitable. Bar has 8 VLT's; seats over 160 people; Pool tables; Dart area; band area. Currently contracts out the food intake from another restaurant due to their restaurant being closed. The building occupies almost an acre of land (.95 acres) but will require extensive renovations for a portion of the roof, and interior upgrades. Building requires extensive renovations including replacement of roof; removal of mould....building/land priced accordingly. Seller will carry financing. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
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Listed by RE/MAX Excellence
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Nick Penney