4932 Plaza Ave,Swan Hills, AB T0G2C0
Swan Hills, AB T0G2C0
Description
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:13843)
Details
| MLS # | 44151176 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 290 |
| Listing Provided By | RE/MAX Excellence | Judith A. Rimmer |
Features
| Acreage | 41.00 |
|---|
Interior
| Fireplace Yes / No | No |
|---|
Area Information
| Province | AB |
|---|---|
| City | Swan Hills |
| Postal Code | T0G2C0 |
| Listing VS Median (in T0G2C0) | |
Price: $399,900 low | high Med: $177,777 On site: 290 low | high Med: 39 | |
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Learn More About This Property
| Province | AB |
|---|---|
| City | Swan Hills |
| Postal Code | T0G2C0 |
| Listing VS Median (in T0G2C0) | |
Price: $399,900 low | high Med: $177,777 On site: 290 low | high Med: 39 | |