JN REAL ESTATE GROUP

Barrhead

FOR SALE

$699,000

PURCHASE PRICE

5011 50 Street · T7N 1L1

HOTEL/MOTEL · BUILT 1959

MLS A2313502 · 49 DAYS ON MARKET

Interested in this commercial property?

JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.

RE/MAX Complete Realty · Calgary

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.

DETAILS

TRANSACTION

TRANSACTION
For Sale

BUILDING

TYPE
Hotel/Motel
YEAR BUILT
1959

COMMUNITY

COMMUNITY
Barrhead
ZONING
CB
POSTAL CODE
T7N 1L1

UTILITIES & COSTS

ANNUAL TAXES
$14,362

LISTING COURTESY OF DRAGIC JANJIC · REMAX RIVER CITY

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.