4932 Plaza Ave, Swan Hills, Alberta T0G 2C0

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$399,900

Highlights

$399,900

Price

For sale

Status

44151176

MLS® ID

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:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number 44151176
    • Price $399,900

    Buildings

    Land

    Acreage Yes Size Irregular 1785960
    Size Total 1785960 Sqft|25- 50.99 Acres Size Total Text 1785960 Sqft|25- 50.99 Acres

    Agents and Offices

    • Judith A. Rimmer
    • Office: RE/MAX Excellence

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