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.
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.
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.