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Darrell Ketler
Century 21 A.L.L.Stars Realty Ltd.
312 Saddleback Road, Edmonton, Alberta
P: 780-434-4700
F: 780-436-9902
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Listing Details

For more information on this listing or other please contact me.

Courtesy of Judith Rimmer of RE/MAX Excellence.
Data was last updated 2024-05-19 at 20:16:00 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
Zoning/Land Use:
CT
Building Type:
Freestanding, Commercial Mix, See Private Remarks

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This property is listed by Judith Rimmer of RE/MAX Excellence and provided here courtesy of Darrell Ketler. For more information or to schedule a viewing please contact Darrell Ketler.
Darrell Ketler
Century 21 A.L.L.Stars Realty Ltd.
Phone: 780-434-4700
Mobile Phone: 780-497-1788
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data last Updated: 2024-05-19 at 20:16:00 GMT America/Edmonton
This site's content is the responsibility of Darrell Ketler, licensed REALTOR® in the Province of Alberta.
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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.

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