About 4932 Plaza Ave
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. 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). Building requires extensive renovations including replacing of roof, 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.
Features of 4932 Plaza Ave
| MLS® # | 44151176 |
|---|---|
| Price | $399,900 |
| Bathrooms | 0.00 |
| Type | Business with Property |
| Status | Active |
Community Information
| Address | 4932 Plaza Ave |
|---|---|
| Area | Swan Hills |
| City | Swan Hills |
| County | ALBERTA |
| Province | AB |
| Postal Code | T0G 2C0 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Additional Information
| Date Listed | February 7th, 2024 |
|---|---|
| Days on Market | 829 |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX Excellence |
|---|