4932 Plaza Ave Swan Hills, Alberta T0G 2C0

Acreage

$499,900

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:49203)

Property Details

MLS® Number 44151176
Property Type Hospitality

Building

Land

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

Contact us for more information

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Judith A. Rimmer
Associate

(780) 405-9333
(780) 481-1144

RE/MAX Excellence
201-5607 199 St Nw
Edmonton, Alberta T6M 0M8

(780) 481-2950
(780) 481-1144

Dekker Team
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