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4932 Plaza AV
Swan Hills Alberta T0G2C0 Canada

$499,900

Active Listing ID E4372775
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25,406 square feet
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Business

$499,900

Active Listing ID E4372775
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4932 Plaza AV 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. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Business
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 5/15/2024 3:23:03 PM GMT
Source Updated Date: 12/3/2024 11:47:44 PM GMT

Courtesy of: Judith Rimmer, Associate, RE/MAX Excellence