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:51989)
Features of 4932 Plaza Ave
- MLS® Number 44151176
- Price $499,900
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