Skip To Content
Courtesy of Judith Rimmer of RE/MAX Excellence.

4932 Plaza Av

Swan Hills, AB T0G 2C0
  • $499,900
  • STATUS: Active
  • ID#: E4372775
$499,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 25,406
    SQFT
  • $20
    $/SQFT
Neighbourhood:
Type:
Business Opportunity
Built:
1963
Area:

Description

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.

Monthly Payment Calculator



© 2024 REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®). Data last updated: 2024-04-03T23:37:07.713 UTC.
Mortgage Calculator is provided by BoomTown.
www.bestedmontonhomesearch.com/homes/147514775
Print Image

4932 Plaza Av Swan Hills, AB T0G 2C0

  • Price: $499,900
  • Status: Active
  • On Site: Days
  • ID#: E4372775
0
Beds
0
Baths
0
½ Baths
N/A
Acres
25,406
SQFT
$20
$/SQFT
1963
Built
Neighbourhood:
Swan Hills
Area:
Big Lakes
Property Description
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 Features

Land Use Zoning CT Major Business Type Accommodation/Travel and Tourism Minor Business Type Hotel/Motel Property Type Details Business with Property Transaction Type For Sale

© 2024 REALTORS® Association of Edmonton. All Rights Reserved.
Mortgage Calculator is provided by BoomTown.


© 2024 REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®). Data last updated: 2024-04-03T23:37:07.713 UTC.
Mortgage Calculator is provided by BoomTown.
 
https://bt-photos.global.ssl.fastly.net/alberta/orig_boomver_1_E4372775-2.jpg https://bt-photos.global.ssl.fastly.net/alberta/orig_boomver_1_E4372775-2.jpg https://bt-photos.global.ssl.fastly.net/alberta/orig_boomver_1_E4372775-2.jpg
Logo
The Foundry Real Estate Company
#3 9411-98 Ave
Edmonton AB, T6C 2C8