4932 Plaza Avenue , Swan Hills in Swan Hills
This is a Business with Property (Hotel/Motel).
4932 Plaza Avenue , Swan Hills in Swan Hills
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.
$499,900 - MLS® #E4372775
4932 Plaza Avenue , Swan Hills, AB
Essential Information
- MLS® #E4372775
- Price$499,900
- Price per Sqft20
- Price Per SqFt$20
- Square Footage25,406
- Acres0.00
- Year Built1963
- TypeBusiness with Property
- Sub-TypeAccommodation/Travel and Tourism
- StyleHotel/Motel
- Days on Website79
Exterior
- ConstructionConcrete Block
Community Information
- Address4932 Plaza Avenue
- AreaBig Lakes
- SubdivisionSwan Hills
- CitySwan Hills
- Postal CodeT0G 2C0
Additional Information
- ZoningCT
Listing information last updated on April 30th, 2024 at 5:00pm MDT.