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4932 Plaza AVe, Swan Hills, AB T0G2C0

Key Facts

Description

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. (id:31684)

Property Information

Property Type

Commercial Sale

Sub-Type

Hotel/Motel

Listing #

44151176

Property Features

Affordability Calculator

$79,980

Estimated monthly payment

$2,128/mo

Principal $319,920 · Est. interest $446,317 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Swan Hills, AB

CA$315,385
Median Listing Price
37
Median Days on Market
1,236
Median Sq Ft
CA$227
Median Price / Sq Ft
41
Active Listings
  • This home’s price is 27% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Swan Hills, AB.

Location

  • 4932 Plaza AVe, Swan Hills, AB T0G2C0

Walk Score

Walk
Bike

Somewhat Walkable

Walk Score details ↗

Nearby Schools

  • Percy Baxter School

    Secondary · 65.4 km away

  • Ecole St. Mary School

    Elementary · 65.7 km away

  • Whitecourt Central Elementary School

    Elementary · 66.4 km away

  • Hilltop Storefront School

    School · 66.6 km away

  • Northern Gateway Regional School Division No 10

    School · 67.8 km away

  • Whitecourt & District Playschool

    School · 67.8 km away

  • Hilltop High School

    Secondary · 67.9 km away

  • Pat Hardy Elementary School

    Elementary · 67.9 km away

  • Kinuso School

    School · 68.2 km away

  • St Francis of Assisi Catholic Academy

    School · 73.2 km away

  • St Mary of the Lake

    Elementary · 74.0 km away

  • Lakeside Outreach School

    School · 74.7 km away

  • Roland Michener Secondary School

    Secondary · 74.8 km away

  • Eg Wahlstrom School

    School · 74.8 km away

  • CJ Schurter School

    Elementary · 75.2 km away

  • Lakeside Nursery School

    School · 75.5 km away

  • Joussard School

    School · 83.2 km away

  • Mayerthorpe High School

    Secondary · 86.1 km away

  • Elmer Elson Elementary School

    Elementary · 87.4 km away

  • Barrhead Composite High School

    Secondary · 92.2 km away

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EXIT Agents in Swan Hills

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