MLS® 44151176 · Active

4932 Plaza AVe

Swan Hills, Alberta

$399,900

Source-listed price. Confirm sale or lease terms and availability.

Property details

MLS®

44151176

Status

Active

Property type

Hospitality

City

Swan Hills

Listing brokerage

RE/MAX Excellence

About this property

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:65883)

Location

Call 780-916-8050 · Browse more properties

Listing information provided through CREA DDF®. Listing courtesy of RE/MAX Excellence. Source attribution · REALTOR.ca

Details, measurements, price and availability may change and require verification. MLS® and REALTOR® are trademarks of the Canadian Real Estate Association.