Swan Hills Hotel ( with 8 VLTs); 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 vacant 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 VLTs; seats over 160 people; Pool tables; Dart area; band area. The building occupies almost an acre of land (.95 acres). Building requires extensive renovations including replacing of roof, building/land priced accordingly. The Seller is willing to carry a 1st mortgage (to qualified Buyer) with 30%-35% down payment; 5 year Term; at 5% interest amortized over 20 years. (id:58588)
| MLS® Number | 44151176 |
| Property Type | Hospitality |
| Acreage | Yes |
| Size Irregular | 1785960 |
| Size Total | 1785960 Sqft|25- 50.99 Acres |
| Size Total Text | 1785960 Sqft|25- 50.99 Acres |
https://www.realtor.ca/real-estate/29248100/4932-plaza-ave-swan-hills
Contact us for more information
Judith A. Rimmer
Associate
(780) 481-2950
(780) 481-1144
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