Primary photo of 5011 50 Street, Barrhead
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Business For Sale

$699,000

MLS® Number: A2283769

Floor Area

21,000

Land Size

21,000

Year Built

1959

5011 50 Street, Barrhead, Alberta

About This Property

Seize the opportunity to own a thriving commercial property in the heart of Barrhead, Alberta. This well-maintained building boasts a successful hotel andbar operation, making it a lucrative investment. The property features 25 spacious and comfortable hotel rooms, providing a steady stream of income andattracting both business and leisure travelers. The bar offers a lively atmosphere with pool tables and VLTs, perfect for local patrons and guests alike, with a180 person capacity. The building's exterior has been recently updated, enhancing its curb appeal. The main floor has 11,000 square feet of versatile space,ideal for various commercial uses. The second floor offers an additional 10,000 square feet, providing potential for expansion or additional services.Situated in the centre of town, this property benefits from high visibility and foot traffic. With its prime location and extensive facilities, this property is afantastic investment opportunity.

Property Details

Interior Details

Living Area

21000 sqft

Building & Exterior

Building Area Total

21000.0

Building Area Units

square feet

Year Built

1959

Land & Location

City Region

Barrhead

Lot Size Area

21000.0

Lot Size Dimensions

21000

Parcel Number

0016741811

Postal Code

T7N1L1

Subdivision Name

Barrhead

Listing & Financials

Listing Office

RE/MAX River City

Originating System Name

Calgary Real Estate Board

Other Specifications

Country

Canada

Mortgage Calculator

20% ($139,800)
5.5%
25 Years

Estimated Monthly Payment

$3,434

Principal and interest only. Actual rates may vary.

Location & Map

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