4932 Plaza Ave, Swan Hills, Alberta T0G2C0

4932  Plaza Ave
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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. 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 VLTs; seats over 160 people; Pool tables; Dart area; band area. The building occupies almost an acre of land (.95 acres) butwill 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.

Property Specifications

Comprehensive breakdown of features and details.

Land & Location

Lot Size Area1785960.0 sqft
Lot Size Dimensions1785960

Listing & Financials

Listing OfficeRE/MAX Excellence
Originating System NameREALTORS® Association of Edmonton – Commercial

Other Specifications

CountryCanada

For Sale

$499,900

4932 Plaza Ave, Swan Hills, Alberta T0G2C0

Beds

-

Baths

-

Living Area

-

Lot Size

1,785,960 sqft

Property Type

Hospitality

Year Built

-

Listing ID44151176

Location & Map

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