Listed By:
Courtesy of Judith A Rimmer of RE/MAX Excellence.
Address
4932 Plaza Ave, Swan Hills, AB
Price
$ 399,900
Property Attributes
  • ID#44151176
  • TypeCommercial
  • Listing Status Active
  • CitySwan Hills
  • AreaBig Lakes
  • Postal CodeT0G 2C0
  • Style
  • Price$ 399,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
REALTORS® Association Of Edmonton - RAE
Property Description

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.

* Sold date and price as reported on the RAE's MLS® System.

General Features

Property Type Commercial Sale
Status Active
City Swan Hills
Living Area Units Square Feet
Standard Status Active
Primary Property Type Business with Property

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in T0G 2C0

Statistics provided by Inside Real Estate

Price
AVG $500K
$400K