register | confirm account | forgot password
Anu Khullar - RE/MAX River City
282 Calgary Trail NW, Edmonton, Alberta
P: 780-439-7000
F: 866-293-5424
Email

Thanks for viewing this Preferred Property below. If you have any questions or would like to schedule a viewing, please feel free to call our office at 780-701-2626 and ask for Anu Khullar or John Carter. Toll free is 1-877-417-2626 or email by clicking on the envelope logo on the left of the photos on the listing.

Courtesy of Judith Rimmer of RE/MAX Excellence.
Data was last updated 2024-11-26 at 12:25:49 GMT
$499,900

4932 Plaza AV   Swan Hills, AB

MLS®: E4372775
URL:    
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.
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.

Listing Information

Prop. Type:
Business with Property
Status:
Active
City:
Swan Hills
MLS® Number:
E4372775
Neighbourhood:
Swan Hills
Area:
Big Lakes
Province:
AB
Listing Price:
$499,900

General Information

Year Built:
1963
Zoning/Land Use Code:
For Sale
Region:
Big Lakes

Additional Information

Plan:
2462NY
Legal Block:
14
Legal Lot/Unit:
11

Other Information

Land Size Hectares:
0
Major Business Type:
Accommodation/Travel and Tourism
Building Type:
Freestanding, Commercial Mix, See Private Remarks

VIP-Only Information

Sign-Up or Log-in to view full listing details:
Sign-Up / Log In
This property is listed by Judith Rimmer of RE/MAX Excellence and provided here courtesy of Anu Khullar. For more information or to schedule a viewing please contact Anu Khullar.
Anu Khullar
RE/MAX River City
Phone: 780-439-7000
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
iPhone MLS® Search
Button advertising your iPhone site
MLS® on your iPhone
MLS® Search Button
Button advertising your MLS® Search page
Map-based MLS® Search
Recent Blog Entries
Displays summaries of most recent blog items
Recent Blog Entries
Canada's Mortgage Rules Tightening - Jul 4, 2012

Effective July 9, 2012, the rules for government-backed insured mortgages will tighten in ...

Ice on Whyte festival - Jan. 12-22, 2012 - Jan 9, 2012

Join dozens of ice carvers as they descend on Edmonton this January for a sparkling tribute to the ...

The hot real estate topics for holiday parties 2012 - Nov 30, 2011

Want to be the one in the know at this year's holiday parties?  Well here are our hot topics with ...

November 2011 - Preferred Newsletter - Nov 30, 2011

How is your Christmas Shopping coming along? Still time to buy a new home for the best present ...

October 2011 - Preferred Newsletter - Nov 11, 2011

Ready for winter?Still hard to believe that winter and Christmas are right around the corner with ...

Data last Updated: 2024-11-26 at 12:25:49 GMT America/Edmonton
This site's content is the responsibility of Anu Khullar, licensed REALTOR® in the Province of Alberta.
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. Used under license.
The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2024, All Rights Reserved | Privacy Policy | Mobile Site | REALTOR® Websites by RealPageMaker