Primary photo of 221 Centre Street, Tilley
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Business For Sale

$499,000

MLS® Number: A2157445

Floor Area

12,500

Year Built

1912

221 Centre Street, Tilley, Alberta

About This Property

TILLEY HOTEL - Entrepreneurs here is your change to own a well established business earning multiple streams of revenue at a great price. MOTEL - consists of 7 rooms, 3 suites & an owners suite. All rooms are currently full with long term & short term tenants. TAVERN - occupancy 250 - 5 VLT's, 2 shuffles boards, 2 pool tables, banquet room & indoor - outdoor patio. LIQUOR STORE - has a great selection of wines, spirits, coolers & beer - it is the only liquor store in the area. Endless possibilities to generate income while living comfortably in the 2000 square foot Owners Suite - featuring 3 bedrooms, huge windows, triple sided fireplace, hardwood floors, laundry room & private balcony. The Hotel hosts private events, live performances, shuffle board tournaments & comedy shows! The kitchen has a great menu & caters to many functions in the community. Located 5 minutes off the #1 HIGHWAY - 15 minutes east of Brooks & 45 minutes west of Medicine Hat. Current Owners have maintained & grown the business for the past 25 years & would love to see a new family continue in their footsteps.

Property Details

Interior Details

Heating

Forced air

Living Area

12500 sqft

Building & Exterior

Building Area Total

12500.0

Building Area Units

square feet

Foundation Details

Poured Concrete

Year Built

1912

Land & Location

Parcel Number

0018883108

Postal Code

T0J3K0

Listing & Financials

Listing Office

Century 21 Foothills Real Estate

Originating System Name

REALTORS® Association of South Central Alberta

Other Specifications

Country

Canada

Mortgage Calculator

20% ($99,800)
5.5%
25 Years

Estimated Monthly Payment

$2,451

Principal and interest only. Actual rates may vary.

Location & Map

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