(780) 499-1189edythe@eesch.ca

Edythe Esch, your local Edmonton REALTOR®

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4932 Plaza Avenue: Swan Hills Business with Property for sale : MLS®# E4372775

Courtesy of Judith A Rimmer of RE/MAX Excellence

4932 Plaza Avenue Swan Hills T0G 2C0 : Swan Hills

Main Photo: 4932 Plaza Avenue: Swan Hills Business with Property for sale : MLS®# E4372775
$499,900
Prop. Type:
Business with Property
MLS® Num:
E4372775
Status:
Active
Bus Major:
Accommodation/Travel and Tourism
Bus Minor:
Hotel/Motel
Build. Type:
Freestanding
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 vacant for over 8 years. The Seller stopped renting out the 18 rooms 2 years ago. 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. 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 replacing of roof, removal of mould...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.
Property Type:
Business with Property
Transaction Type:
For Sale
Lease Oper Costs Per Sq M:
$0
Major Bus Type:
Accommodation/Travel and Tourism
Minor Bus Type:
Hotel/Motel
Price Per SqFt:
$19.68
Lot Area:
Switch units of measure41,382 sq. ft.
# of Units:
0
Year built:
1963 (Age: 61)
Bathrooms:
- (Full:-/Half:-)
Building Type:
Freestanding, Commercial Mix, See Private Remarks
Num. of Parcels:
1
Construction:
Block
Swan Hills
Private
Seller Rights Reserved:
No
Zone:
Zone 70
Zoning:
Zone 70
Title to Land:
Fee Simple
Legal Lot:
11
LINC Number:
0016422321
Days On Website:
Switch units of measure325 day(s)
Data was last updated December 28, 2024 at 03:30 AM (UTC)
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.