Unknown Address , , For sale

$999,000

Area 4270 sqft
Year Built 1970

About Unknown Address

An excellent opportunity to acquire an established and profitable restaurant and bar operation, along with two separate commercial properties in a rural Alberta community. The offering includes an operating restaurant and bar with 7 VLTs, a patio, a commercial kitchen, and additional income streams, as well as a separate residential building containing a 3-bedroom suite.The operating property consists of approximately 4,530 sq. ft. on a large commercial lot. The business generates established sales and strong owner-operator cash flow, presenting an attractive opportunity for an individual, family partnership, or experienced hospitality operator.A second, separately titled property includes an approximately 4,270 sq. ft. former motel on a large highway-frontage site. The current owners have invested significantly in renovating the motel, which is nearly complete. While currently non-operational, it offers substantial value-add potential for a buyer looking to reactivate the property or explore alternative uses, subject to municipal approval.Commercial zoning provides flexibility for a variety of uses, including a hotel, motel, restaurant, drinking establishment, retail, office, liquor store, self-storage, and other commercial applications.The seller is prepared to provide transition assistance and operational training if required. Additional details—including location, financial statements, property information, and business operations—will be provided to qualified buyers upon execution of a Non-Disclosure Agreement (NDA).Please do not approach the business, staff, or customers directly. (id:51989)

Features of Unknown Address

  • MLS® Number A2352131
  • Price $999,000
  • Square Footage: 4270 sqft
  • Plan 387aj

Business

Business Type Accommodation, Restaurant, Restaurant, Retail and Wholesale Business Sub Type Hotel/motel, Bar/tavern, Restaurant, Liquor Store

Buildings

Constructed Date 1970 Size Exterior 4270 Sqft
Size Interior 4270 Sqft Total Finished Area 4270 Sqft

Land

Acreage No Size Total Text Unknown
Zoning Description C-2, C-1

Agents and Offices

  • Calvin Kawa
  • Office: Century 21 Bravo Realty
  • Aerial
  • Walking Score
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